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Markets brace for US jobs data, seeking Fed clues

Analysts said that a payrolls reading of around over 200,000 could prompt the Fed to consider raising rates at its next meeting

Reuters  |  London 

  StocksandthedollarroseonFridaywithinvestorsfocusedonUSjobdatalaterinthedaytogleancluesonwhethertheFederalReservewillraiseinterestrates,maybeevenassoonasthismonth. Thepan-EuropeanSTOXXEurope600rose0.6percentafterendingThursdayflat,remaininginatighttradingrangethathaspersistedformuchofthelastmonthwithcautionprevailingaheadofthejobfigures. EconomistspolledbyReutersexpecttheUSeconomytohaveaddedabout180,000jobsinAugust,wagestonudgeupandfortheoverallunemploymentratetodipto ...

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First Published: Fri, September 02 2016. 16:16 IST
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