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Today is the most awaited Non Farm Payroll data release since the Fed start tapering and cut back the quantitative easing programme. Although Fed decided to do a small tapering and only cutting back their stimulus programs by a minor 10B, Ben Bernanke has said during the press conference that any further cut in QE is data depending and "end of QE certainly won't be at mid-year" suggesting that it will take longer before they will end the QE programme for good.
The market consensus for today's …