Vodafone-Liberty Global Discussions Confirmed, Nonfarm Payroll Numbers Due
June 5, 2015 6:23 am
US stocks retreated in Thursday’s session, hit by uncertainty over Greece’s aid deal with its creditors as well as nervousness ahead of the Nonfarm Payroll data hitting the market today. Asian shares also fell after a stabilisation in the bond market following a hefty slump. The Dow lost 170 points to close at 17,095 whilst the S&P500 dropped 18 points to close at 2,095.
The Euro was trading around $1.1217 in the Asian session, having traded as high as $1.1380 on Thursday. The Euro also hovered around 139.56 Yen, within touching distance of a five month peak of 141.06. The Greenback was holding at 124.46 Yen having bounced as high as 124.68 in the previous couple of sessions. The Aussie Dollar pulled away from a two month low of $0.7703 which was hit on Monday to trade higher at $0.7703.
Brent crude edged up 3 cents to $62.06 a barrel, while U.S. crude futures eased 2 cents to $57.98.
Network operator Vodafone and cable telecoms company Liberty Global are looking at a range of transactions including a merger, Bloomberg reported. Vodafone’s U.S.-listed shares rose 4.1 percent and Liberty’s climbed 4.7% in extended trading on Thursday. Vodafone’s stock is up 2.3% in early trade at 253p per share.
Data today sees Nonfarm payrolls predicted to have increased by 225,000 positions last month after rising by 223,000 in April, according to a Reuters survey of economists. The unemployment rate is expected to hold steady near a seven-year low of 5.4%
US stocks retreated in Thursday’s session, hit by uncertainty over Greece’s aid deal with its creditors as well as nervousness ahead of the Nonfarm Payroll data hitting the market today. Asian shares also fell after a stabilisation in the bond market following a hefty slump. The Dow lost 170 points to close at 17,095 whilst the S&P500 dropped 18 points to close at 2,095.
The Euro was trading around $1.1217 in the Asian session, having traded as high as $1.1380 on Thursday. The Euro also hovered around 139.56 Yen, within touching distance of a five month peak of 141.06. The Greenback was holding at 124.46 Yen having bounced as high as 124.68 in the previous couple of sessions. The Aussie Dollar pulled away from a two month low of $0.7703 which was hit on Monday to trade higher at $0.7703.
Brent crude edged up 3 cents to $62.06 a barrel, while U.S. crude futures eased 2 cents to $57.98.
Network operator Vodafone and cable telecoms company Liberty Global are looking at a range of transactions including a merger, Bloomberg reported. Vodafone’s U.S.-listed shares rose 4.1 percent and Liberty’s climbed 4.7% in extended trading on Thursday. Vodafone’s stock is up 2.3% in early trade at 253p per share.
Data today sees Nonfarm payrolls predicted to have increased by 225,000 positions last month after rising by 223,000 in April, according to a Reuters survey of economists. The unemployment rate is expected to hold steady near a seven-year low of 5.4%
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