Markets brace for US jobs report - business live

Discussion in 'Market News' started by Lily, Feb 5, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Rolling coverage of the latest economic and financial news, including the latest American Non-Farm Payroll report, at 1.30pm GMT

    7.24am GMT

    Good morning.

    Another turbulent week in the markets is nearly over. But there’s just one major hurdle to get over first – the US unemployment report, due at 1.30pm GMT.

    A big miss on the NFP numbers (150,000 or less) would see a further dive in the US dollar, killing expectations of any further rate hikes by the Fed.

    Our European opening calls:$FTSE 5896 down 3
    $DAX 9367 down 26
    $CAC 4225 down 4$IBEX 8461 down 7$MIB 17599 down 27

    Most European markets called to open broadly flat or minor negative. US Payrolls up at 1.30pm. The calm before the storm? #stocks

    Ben Broadbent tells BBC radio UK economy doing well, nothing wrong with BoE's guidance, no sign EU referendum hitting business investement

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