Both the Nasdaq (4627) and the S&P500 (1923) closed in positive territory with the Dow (16272) closing slightly negative as investors fears around global growth took effect causing a selloff in emerging market assets.
Its nonfarm payroll Friday today and U.S. employers are likely to add jobs at a strong pace in September, a sign that the labour market is near full strength and could push the Federal Reserve to raise interest rates at one of its two remaining meetings this year. The figure is expected at 203k vs. 178k previous.
The dollar was holding firm at 120.02 yen, confined to a tight 120.60-119.245 range so far this week. The euro was flat at $1.1185 having drifted down from this week’s peak of $1.1282 struck on Tuesday. The common currency was poised to lose a modest 0.2% this week. The Canadian dollar fetched C$1.3237 per dollar after hitting the two-week high of C$1.3219. The Canadian dollar fell to an 11 year low of C$1.3457 early this week when commodities including crude took heavy hits amid jitters over slowing global growth. Ahead of the U.S. jobs data the Australian dollar dipped 0.1% to $0.7021, nudged off a one-week high of $0.7085 scaled the previous day when a release of Chinese manufacturing activity was not as bad as feared.
Within the equity space Experian, the world’s biggest consumer credit monitoring firm, on Thursday disclosed a massive data breach that exposed sensitive personal data of some 15 million people who applied for service with T-Mobile US Inc. Experian stock is down 3.5% in early trade at 1033p per share.
Both the Nasdaq (4627) and the S&P500 (1923) closed in positive territory with the Dow (16272) closing slightly negative as investors fears around global growth took effect causing a selloff in emerging market assets.
Its nonfarm payroll Friday today and U.S. employers are likely to add jobs at a strong pace in September, a sign that the labour market is near full strength and could push the Federal Reserve to raise interest rates at one of its two remaining meetings this year. The figure is expected at 203k vs. 178k previous.
The dollar was holding firm at 120.02 yen, confined to a tight 120.60-119.245 range so far this week. The euro was flat at $1.1185 having drifted down from this week’s peak of $1.1282 struck on Tuesday. The common currency was poised to lose a modest 0.2% this week. The Canadian dollar fetched C$1.3237 per dollar after hitting the two-week high of C$1.3219. The Canadian dollar fell to an 11 year low of C$1.3457 early this week when commodities including crude took heavy hits amid jitters over slowing global growth. Ahead of the U.S. jobs data the Australian dollar dipped 0.1% to $0.7021, nudged off a one-week high of $0.7085 scaled the previous day when a release of Chinese manufacturing activity was not as bad as feared.
Within the equity space Experian, the world’s biggest consumer credit monitoring firm, on Thursday disclosed a massive data breach that exposed sensitive personal data of some 15 million people who applied for service with T-Mobile US Inc. Experian stock is down 3.5% in early trade at 1033p per share.
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