NON-FARM: As expected in headline, but... massive fall in unemployment number. This is election season - and this number is "odd" to say the least, but the main take away must be:

1. US Dollar weakness over from here. Lower unemployment in single mandate of FED - means less pressure to proint... Be long USD vs. JPY
2. This could be the fixed income trigger for higher rates...housing market stabilising and now.. unemployment getting close FOMC mandate!!!!

Fed behind the curve soon? QE-III looks more and more odd... and as I said post it... It was total desperation....

If Fixed income & USDPY ends higher on Monday... we should have confirmation...