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Roula Khalaf, editor -in -chief of the FT, selects her favorite stories in this weekly newsletter.
The US economy created 143,000 jobs in January, not in forecasts, but the bumper figure of the previous month was revised upwards.
The January figure of the Labor Statistics Office underpins the expectations of economists interviewed by Reuters of an increase of 170,000.
It contrasts with the 307,000 jobs that the United States added in December, a revision of the previous estimate of 256,000.
The unemployment rate increased to 4%, compared to 4.1%.
Friday job data occurs a little more than a week after the American federal reserve has kept the pending rates at 4.25 to 4.5%, despite the pressure from US President Donald Trump to reduce costs D ‘borrowing.
Prices should reduce rates twice this year, the sustainable strength of the American labor market allowing them time to adopt a cautious approach to reduce loan costs.
US government obligations were under pressure after the report, the traders were betting that the figures would not strengthen the rapid rate reductions.
The two -year treasure yield, which follows the expectations of interest rates and passes inversely at a price, increased from 0.06 percentage points to 4.26%, while the yield at 10 years added 0.04 percentage points at 4.48%.
The stock -up contracts extended small drops, the contracts following the S&P 500 down 0.2%.
It’s a story in development
