 Investors react favorably to the much-anticipated US Non-Farm Payroll data, sending stock futures soaring while Treasury yields and Dollar weaken. The latest numbers point to a more relaxed labor market, yet with decent job growth, which is what Fed would love to see. Additionally, the slowdown in wage growth suggests some relief for domestic inflation pressures. In the currency markets, Japanese Yen emerged as the primary winner, appreciating broadly in the wake of the NFP release. New Zealand and Australian Dollars followed suit, buoyed by risk-on sentiment. On the other end of the spectrum, is flaring even worse against the greenback after GDP data. Meanwhile, European majors showed limited enthusiasm, gaining only modestly following NFP. Technically, Gold is making bullish progress by resuming the rally from 1884.84. Break of the trend line resistance affirms the case that corrective pattern from 2062.95 has completed at 1884.83. Further rally would be seen to 1987.22 resistance for confirmation. Nevertheless, break of 1938.03 minor support will mix up the near term outlook. In Europe, at the time of writing, FTSE is up 0.43%. DAX is down -0.14%. CAC is up 0.20%. Germany 10-year yield is up 0.0142 at 2.479. Earlier in Asia, Nikkei rose 0.28%. China Shanghai SSE rose 0.43%. Japan 10-year JGB yield dropped -0.0157 to 0.632. | 
