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Roela Khalaf, Ft Editor, selects his favorite stories in this weekly newsletter.
The US economy has added 147,000 jobs in June, breaks expectations and lead investors to scaling their rates to cut interest rate.
Despite the uncertainty of Donald Trump trading trades and Immigration on Thursday from the Bureau of Labor Statistics adding to 144,000 posts changed in May and 110,000 provided by Bloomberg.
Employee of workwashes fell to 7 4.1 percent.
Unexpected stable numbers to force the US Federal Reserve’s pressure to cut interest rates, despite repeated US presidential calls for Central Bank to do so.
The dollar went up after the publication data while investors bet the fed the shorter rates more slowly than before. Currency is at 0.5 percent against a basket of opponents.
Businessmen are now betting with a percentage of 5 percent chance to deplete bank borrowing this month, compared to about 25 percent before work data.
Fed Chair Jay Powell said this week A cut in July is not “on the table”, in an apparent change in his previous position that borrowing costs should be held until autumn.
The two-year harvest of treasury, which operates with interest rates and contrary to prices, adds 0.09 percentage on Thursday morning to 3.87 percent.
US stock futures also rose, with contracts tracking S & P 500 to 0.2 percent in front of New York tomorrow.
This is an emerging story
