World shares were hovering around record highs on Thursday as markets prepared for a
Investors were subdued before the two events, both usually big market movers. Stocks, benchmark bonds and the euro and dollar all barely budged after an equally cautious day in
The ECB is expected to flesh out last month's aggressive easing plans, and forecasts are for non-farm payrolls to rise by more than 200,000 for a fifth straight month. That would bolster the view the world's largest economy is back on track after a difficult winter.
"The main thing today will be the non-farm payrolls," said Valentijn van Nieuwenhuijzen, the head of multi-asset funds at
European stocks inched up 0.3 per cent, heading for their third consecutive day of gains and keeping
The dollar was also up, copper on the
"People were saying, 'What is cheap in the world?' They figured out the (growth-sensitive) metals were cheap and if things accelerated a little bit, why not take a position?" said analyst
Dollar, treasuries nudge higher
The ECB was not the only central bank in action on Thursday.
The dollar held firm above a recent eight-week low as benchmark 10-year US treasury yields crept to a new 1 ½-week high of 2.62 per cent.
The euro was also hovering just below a six-week high at
Early futures prices also pointed to minor gains on
The US jobs data is being released on Thursday because US markets are closed for
In commodities, crude oil extended losses after falling the previous day on encouraging signs of supply from
Brent crude was back below
SEPTEMBER 2, 2014
|Customer Service||Policy||Advertise||Site Tools|
|HispanicBusiness Services||Editorial Guidelines||Ad Specifications||Magazine Archive|
|List Rental Agreement||About Us||Media Kits||Post Your Event|
|HireDiversity Job Search||Editorial Calendar||Research|
© 2014 HispanicBusiness Inc. All Rights Reserved.