The US dollar remains under pressure against a basket of six-major currencies as the latest US jobs report weakened the case for an early interest rate hike by the Federal Reserve.
In economic releases, British small and medium-sized manufacturers reported another strong quarter of orders and output growth in the three months to July, according to the
Investors await Eurozone sentix investor confidence as well as
In corporate news,
The European markets fell for a third consecutive session Friday, with geopolitical tensions and debt concerns in
US stocks cut earlier losses but still ended lower for a second day in a row Friday despite some strong earnings and solid reports on the US labor market, manufacturing sector, personal income and spending. Construction spending fell sharply in June and consumer sentiment slid in July while an index of consumer expectations weakened for a third straight month, separate reports showed. The Dow slid 0.4% and the S&P 500 shed 0.3% to end at two-month closing lows, while the tech-heavy Nasdaq dropped 0.4%.
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