The world stocks lower this Friday April 5since investors act cautiously before the employment report in the United States is released, key for the market, while the geopolitical tension It keeps crude oil above US$90 a barrel. Meanwhile, the euro operates with little change and the yen it is appreciated.
The Actions are moving away from their lows in Europe, while US stock index futures are trading higher, recovering some ground after falling more than 1% each the day before, due to the hawkish comments of the Federal Reserve (Fed) and the tension in the Middle East.
The economists They expect an increase of 200,000 jobs in the United Statescompared to 275,000 in February, while the unemployment rate would remain at 3.9%.
“We believe that a figure below 200,000 should put pressure on the dollarsupporting recent signs that the employment situation is easing and that the Fed will be in a comfortable position to start cutting in the summer,” ING bank analysts said in a note.
The dollar against other currencies
He dollar strengthened against its peers after recovering from a two-week low, while the gold was heading for its third consecutive week of gains, underpinned by safe-haven flows.
The performance of the 10-year US Treasury bonds It was around its highest level in more than three months, at 4.331%, while that of two-year notes stabilized at 4.664%.
On the other hand, the threat of supply interruptions due to prolonged conflict in the Middle East It kept Brent crude futures above $90 a barrel, a level not seen since October, and prices were headed for their second weekly rise.
The index of world stocks MSCI index fell 0.3% to 770.8 units and continued its weakening after hitting a record high of 785.62 on March 21.
World stock market indices
He pan-European STOXX 600 It hit its lowest level in two weeks, on track for its worst day since mid-October. In the session it subtracts 1.1% to 505.12 points, after the historical maximum reached on Tuesday at 515.77 units.
He MSCI’s broadest index of Asia-Pacific shares excluding Japan lost 0.45%, in the wake of the decline in Wall Street. The holiday in China also contributed to lower business activity.
He Tokyo Nikkei falls 2%, pressured, in part, by a stronger yen, thanks to the prospects of further rate hikes and austerity measures by Japanese authorities.
Source: Ambito
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