The Volatility Risks Facing the Dollar
A third day of losses sent European stocks toward a weekly decline as investors awaited a U.S. jobs report amid growing bets for a Federal Reserve rate rise. The Stoxx Europe 600 Index dropped 0.5 percent at 10:55 a.m. in London. The monthly payrolls report, forecast to show U.S. employers added jobs at a faster pace in September, comes after a string of strong data prompted traders to boost prospects for a Fed hike this year. That adds to concerns the European Central Bank may turn less accommodative following reports it has held discussions on the best way to taper quantitative easing. Credit Agricole Head of G10 FX Research Valentin Marinov discusses with Bloomberg's Nejra Cehic on "The Pulse."
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Full Show: Surveillance (09/13)
29:59 - Bloomberg Surveillance hosted by Tom Keene and Francine Lacqua. Guests include Neil Atkinson, head of oil industry and markets at IEA, Nadja Swarovski, member of the executive board at Swarovski Jewelry US, and Stephen Macklow-Smith, head of European equity strategy at JPMorgan Asset Management. (Source: Bloomberg)