 | Tomorrow 5:30p ET
The Pain In Spain
You knew something was wrong when we went practically a whole month without any mention of Spain, Italy, the ECB or some type of rescue fund. But like a bad penny, Spain inevitably turned up, and with it, new questions over another bailout. Moody's is scheduled to complete its review of the country's debt any moment, which means a downgrade could come by Friday. Whatever the outcome, the anxiety has weighed on the euro and sent to multi-week lows. But is this a buying opportunity? We'll explore and tell you how to trade the euro's next move.
Jobs & The Dollar
It is the second to last jobs report before the November election, and it will come just two days after the first Presidential debate. Beyond the political ramifications, there is an important wrinkle to next week's jobs report: It will be the first post QE3 employment number. In the past, poor results have had a muted market reaction as investors figured the Fed would step in. But now that the Fed has stepped in, how might traders digest a soft report? We'll preview with a top economist and reveal how our pros are setting up.
Change in China
China is gearing up for its most significant change of leadership in over a decade, but the exact date of the handover has been shrouded in secrecy (see the recent disappearance of the presumptive President Xi Jinping). While few expect the actual leadership change to roil the markets, some traders do think the Chinese government will announce substantial easing just after the handover to drive confidence in the new regime. That potential stimulus could be a big boost for risk currencies. We'll break down how our pros are playing it.
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