Economists expect rise in hiring across America in August, after July’s weak non-farm payroll report
UK house prices hit two-year high as market recovers from Truss mini-budget
European stock markets are lower in early trading, as investors anticipate today’s US employment report (at 1.30pm UK time).
The FTSE 100 index is down 41 points, or 0.5%, at 8200 points. That would be its sixth daily loss in a row, its worst run since May.
“Given the importance of the jobs data, investors should brace for volatility in the wake of the release. Our base case remains for a soft economic landing, though recession risks have increased. We recommend focusing on long-term financial plans and ensuring adequate diversification.”
About Author
More Stories
Uyghur rights group calls on hotel chains not to ‘sanitise’ China abuses in Xinjiang
China accuses UK politicians of ‘arrogance’ in British Steel row
Elon Musk to pull back in Doge role starting May amid 71% dip in Tesla profits