Job report will determine if the US is a safe haven through Brexit

Jobs numbers will be the big new event of the week with analysts thinking a rebound is in order after May’s poor numbers. I would agree that moves in the dollar and interest rate prospects in the US will be linked to this report more than usual. Market participants are looking for a safe haven that has a positive return with no prospects of capital loss. The rise in gold prices seem to show how little there is of these other assets to go around.
 
On the other end of the spectrum a jobs report that comes out better than many expect; sharp upward revisions, higher wage growth, higher participation rate, you could see the looming prospects of rate increases coming back into the picture. In either of these scenarios you will see the Dollar and yields in treasuries re price as the last bastion for safety or the next country moving towards lower for longer.
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