The Senior Strategist: A Fed rate hike in December moves closer

Robust U.S. jobs report makes it much more likely that the Federal Reserve will raise interest rates in December.

Nonfarm payrolls increased 271,000 last month, the largest rise since December 2014, the Labor Department said on Friday.

This week, plenty of Chinese data, that might give signs of stabilization in China.

The Senior Strategist Ib Fredslund Madsen elaborates.