Shall we moved on..Impacts of Economy controls..JR

Let's understand the game that we don't play. Politicians and government concern in what or how to control the buying power of industry and commerce. Shall it be we need to change rolls and be the rules of government given by the investor whom needs to see clear laws not depending on political nor religious envie.

Employment is spoken by politicians as their main goal achive or trofee ignoring the player whom created them. It's OK is why we elected them.

Drama is been given to the insecure moment of fixed - income by the similar impact of jobs to be created by whom?, while China launches a new index into the stock market.

Several more importantly facts that are to impact economy are not been considered by Non of the players, as they keep the wilde card for the next play with the same player.

JR 

Economy

So what numbers are economists looking for in November's employment figures? U.S. job growth likely remained solid, with forecasts for 200,000 non-farm payrolls and an unchanged unemployment rate of 5%. Yesterday, Fed chair Janet Yellen said in a testimony before Congress that economic data is sufficiently strong to start raising benchmark interest rates later this month. She also outlined that the economy needs to create just under 100,000 jobs a month to keep up with growth in the working age population.

What effect has the drama had on debt securities? The value of the U.S. fixed-income market slid by $162.5B on Thursday while the eurozone's shrank by €98.3B ($107.4B) as the ECB's smaller-than-expected stimulus boost and hawkish comments from Janet Yellen pushed up yields around the world. The benchmark U.S. 10-year note yield jumped 13 bps to 2.32%, the most since Feb. 6, while Germany's 10-year bund yield surged 20 bps to 0.67%. "A lot of people lost money," said Charles Comiskey, head of Treasury trading at Bank of Nova Scotia. "In the old days, this would have been a one-week trade. In the new world, and in the less liquid market we live in today, it takes one day for the repricing."

Traders are also closely watching today's OPEC meeting in Vienna, where the cartel is expected to keep its production ceiling of 30M barrels per day. The situation is little changed from a year ago, when Saudi Arabia refused to slash production, a move which sent oil prices to the mid-$30s and upped the rivalry with U.S. shale producers. Earlier reports suggested that Riyadh could be ready to compromise on output cuts with other non-OPEC members, but by this morning those rumors had been widely dismissed. Crude futures +1.8% to $41.82/bbl.

China is launching a stock index circuit breaker next year, according to financial magazine Caixin, as policymakers attempt to shore up investor sentiment still creaking from a summer rout. Under the proposal, a move of 5% in either direction from the index's previous close would trigger a 30-minute halt in trading of stocks, options and index futures. Moves of 7% from the previous close would result in a trade suspension for the rest of the day.

The House and Senate have taken a concrete step toward reviving the Export-Import Bank, by voting to renew the embattled institution's funding as part of a five-year transit construction measure. Obama is expected to sign the bill into law today, hours before current funding is scheduled to run out. Ex-Im Bank's charter had expired on June 30 after some conservative Republicans targeted it as a waste of government money.

The Senate also voted late Thursday to repeal the core of Obamacare, but the step won't succeed in undoing the statute since the President has vowed to veto the measure and Democrats have the power to block an override. The new legislation would repeal the expansion of Medicaid adopted by 30 states as well as many of the law's tax increases and strip federal funding from Planned Parenthood. Effects of the Affordable Care Act have been felt far and wide, with UnitedHealth (NYSE:UNH) recently warning that it may pull out of the Obamacare exchanges after 2016 due to poor financial performance.