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- WSE: After start on Wall Street
WSE: After start on Wall Street
Data from the US labor market were clearly weaker than expected and the increase in the number of jobs was less than forecast. The increase in wages also fell out pale. The data seem to prejudge the lack of interest rate hikes at the September FOMC meeting. Yields on US debt and the dollar signaled such a scenario. The first reaction to weaker data was not, however, continued. Pronunciation of data eased slightly upward adjustment of the data from the previous month, which also caused a reduction in response to the current data. After taming of investors with the data, on the equity markets we are dealing with light increases.
As one would expect Americans began Friday's trading with a clear growth, which is a consequence of weaker data from the labor market. The S&P500 after a few minutes of the session rising more than 0.4 percent
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