paris (reuters) – the major european stock markets ended on friday with a meeting disorder marked by the publication of monthly data on employment in the united states, not as good as expected, but with a sharper than expected rise in wages, an atmosphere clouded by political uncertainties in spain and the united kingdom.
the united states employment statistics has led to a rise in the dollar and bond yields by increasing the probability of a new increase in interest rates by the federal reserve in december.
the frankfurt stock exchange, turned downwards and the paris has widened its losses after the publication of this indicator, london has remained constant in the green with a strong decline of the pound sterling against the dollar and the euro.
sterling is the strength of the dollar, but also political concerns in britain, where there have been calls for the resignation of theresa may, after the speech was delivered wednesday by the disastrous british prime minister.
in paris, the cac 40 index lost 0.36% (19.31 points) to 5.359,90 and frankfurt, the dax gave 0.09%. the london ftse has ended in a 0.2% increase.
the euro stoxx 50 for the euro zone fell 0.28%, the ftseurofirst specimens from each of the 300 and 600 (+ 0.4%).
the madrid stock exchange fell by the hand of 0.29%, losing again in the banking sector as a result of the tensions around catalonia. the bank banco de sabadell received yielded 1.9% lower in the ibex 35 index.
throughout the week, the cac 40 was 0.56%, the dax 0.99%, the ftse 2.03% and 0.31% stoxx 600.
b get to paris
the values in paris, tf1 (4.83%) completed at the head of the sbf 120 after a positive note mainfirst support for m6 (1.62%).
in paris, renault was 0.5% after its new strategic plan in six years, after which the manufacturer expects to raise its sales volumes to 5 million units by accelerating in emerging countries and for hybrid and electric vehicles the “low cost”, which was a success.
the highest increase of acc is to accorhotels (1.22%), supported by a recovery of target classes by barclays.
the decline, the sector has suffered a decline in the luxury of 1.62% for lvmh, the largest decline in the index of paris, and 0.84% for kering.
on the front of the price of crude oil, fell by nearly 3%, with the return of the fears for the global oversupply.
at the time of the closure, in europe, the indices of wall street are slightly reactive with the monthly figures of the restraint.
the u.s. economy is destroying jobs in the month of september, for the first time in seven years, due to the disruptions caused by hurricane harvey, and irma, but the unemployment rate has declined and wage growth has accelerated, in line with the scenario of a rise in interest rates by the federal reserve in december.
“the figure is even worse than the consensus, but it doesn’t matter,” says naeem aslam, thinkmarkets market analyst.
“the number of wages is positive and the traders is important because it shows that the labor market is getting stronger. the increase in wages reported an increase in consumer spending.
increased to record levels with the improvement of the economic situation, the stock market was now in danger of being torn between the support expected from the new season of results, which opens next week and the pressure as a result of political tensions.
(edited by wilfrid exbrayat)
copyright & copy;, thomson reuters
Translated by forexguides.info Team