The impressive non farms released on Friday have sparked a school of thought that US interest rates could rise sooner than anticipated, with the US Dollar posting its biggest one day gain of the year on Friday, jumping 2.5% Following the rally on Friday, the US Dollar Index has pulled back ever so slightly, as investors booked profits.

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Market News
- The US Labour Department said that 11,000 jobs were lost in the US in November, much better than expecte
- Bill Gross, manager of PIMCO, the worlds’ largest bond fund, warned that a prolonged period of low interest rates may create new asset bubbles.

Major Economic News

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