WEEKLY MARKET DIGEST: YELLEN DOVISHNESS FLIES IN THE FACE OF STRONG DATA, SAUDI KILLS OIL RALLY, AGGRESSIVE SELLING IN SILVER $GLD $QQQ $SLV $USO
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers. ) LABOR MARKET RESILIENT, SAUDI KILLS OIL RALLY, HEAVY SELLING IN SILVER April 1, 2016 This is what you need to know today. March Employment Report shows that the labor market in the U. S. is resilient. Most of the data is in line. Non-farm Private Payroll came at 195K vs. 195K consensus. Unemployment rate inches up to 5.0% vs. 4.9% consensus. Hourly earnings rose 0.3% vs. 0.3% consensus. Average work week came at 34.4 vs.