Data disappointing of the ADP jobs survey.
Two days before the publication of the monthly employment report, the survey shows an increase of 154 thousand at the private sector jobs in September, less than the economists forecast – an increase of 170 thousand jobs, and compared to 175 thousand jobs in August.
Asian markets closed in a mixed trend.
Tokyo increased for the third consecutive day, adding 0.5%, Hong Kong added 0.4% and Singapore lost 0.1%.
Shanghai Stock Exchange closed for the week.
Disappointing growth in the Euro zone’s private sector
The growth of the private sector in the Euro zone slowed in September.
The PMI survey showed 52.2 points compared with 52.8 in August.
This is the slowest growth since December 2014.
According to the survey, the growth rate in France recovered, but slowed in Germany, Ireland and Spain.
Is the oil on the way to $50?
The price of the oil rises 1.1% and the WTI is now trading for 49.2 dollars, as investors continue to bet on the success of stopping the oil production from the OPEC countries.
The European stock markets opened the trading day with declines, on the background of the monetary policy in major economies that may be less convenient for investors.
The FTSE falls BY 0.25%, the DAX lost 0.9% and the CAC falls by 1%.
The trading on Wall Street stock exchanges ended yesterday with declines after a volatile trading day, following a report according to which the European Central Bank (ECB) may reduce the quantitative easing program (QE) in the Euro zone ahead of schedule.
The IMF cuts its forecast for US economic growth in the current year and to -2017.
The US dollar strengthened yesterday and has reached a two months high, as when he broke a significant resistance level, because of the increasing expectations that the Federal Reserve will raise US interest rates by end of the year.
The US dollar strengthened by 1.1% against the Japanese yen.
The US dollar climbed against the British pound by 0.8% to US $ 1.2736 a pound, after earlier it been strengthened exchange of 1.2722 dollars to the pound.
It’s the highest level of the US versus the British currency since 1985.
The pound weakened in the last two days after the head of a British government Theresa May announced on Article 50 of the exit the uk from the European Union, and this will start within a few months.
The US dollar climbed by 0.1% against the Euro of 1.1199 dollars to the euro.
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