Market Comment | Better than expected U.S. labour market changes the course of the week
Published on Friday, July 5, 2019 | Updated on Friday, July 5, 2019
Market Comment | Better than expected U.S. labour market changes the course of the week
Summary
Three main market drivers this week were the next resumption in stalled US-China trade talks after G20, the announcement of dovish nominations at the ECB and the Fed and better than expected U.S. labour market hiring.
Key points
- Key points:
- Trump-Xi manage to get talks back on track.
- Lagarde nomination for ECB President is being viewed as a dovish signal.
- U.S. monthly jobs report showed much stronger-than-expected employment growth in June.
Geographies
- Geography Tags
- Global
Topics
- Topic Tags
- Financial Markets
Tags
- Tags
- financial markets
Authors
Angel Meneses De Quevedo
Documents and files
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