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Heading into the European trading session and only one figure matters to the market – the July nonfarm payrolls number which we'll get at 1230 GMT. It's being touted as the most important and keenly awaited such release in decades for the simple reason that it will be critical in helping the Federal Reserve decide whether to raise interest rates in September on postpone the hike until later.

from Mads Koefoed - Authored content http://ift.tt/1DywaJV
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