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    Jobs more of a hic-up than a broader trend, we'll see - ANZ Ross J Burland

    Analysts at ANZ explained that it was only a week or so ago that risk assets were cheering the prospects of a further delay in Fed rate hikes, but sentiment has soured once again. Less market-friendly Brexit polls have clearly seen to that.Key Quotes:"But it also arguably highlights the fickleness and unsustainability of an ongoing market reliance on central bank liquidity as opposed to economic fundamentals. That once again presents a challenge for the Fed ahead of its decision tomorrow.Data overnight suggests the US economy is still tracking well and that the latest payrolls print was more of a hiccup than the start of a broader trend. But markets certainly don’t seem prepared for a ‘still on track to tighten twice this year’ message, so something will have to give. Either the Fed softens its tone or markets will be given a bit of a jolt. We’ll see."


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