What we're watching in markets - TDS

Analysts at TD Securities, (TDS), explained the key focus for the rest of the week.

Key Quotes:

"The market's focus remains on Thursday's FOMC minutes ahead of the US NFP reading Friday. Trade concerns continue to linger in the background, however, as Chinese tariffs on $34bn in US goods take effect on Friday."

"A last-minute reprieve aside, this backdrop leaves us expecting caution to prevail among global investors. Data and event risks may keep markets range-bound for now, but this may only delay a broader reaction. We continue to look for downside potential in USDJPY, particularly if our expectation for a slightly weaker-than-expected payrolls reading are confirmed."