Marketangstis likelyto reachfever pitchthis weekaswe lead up to noless thanfivecentral bankmeetings, mid-termelectionsin theUSand a non-farm payrollreporton Friday.
As markets digest the positive surprise provided by the ADP employment numbers, which showed that 217, 000 private sector jobs were added to the economy ahead of the all-important non-farm payrollreport by the Labor Department on Friday, planned layoffs reached an 11-month high on February, with the number increasing for a second consecutive month, giving investors reasons to be concerned.