Global Markets: US stocks and dollar increased while the US treasuries retreated

In the international markets, the US stocks and dollars have raised after the announcement of the US non-farm employment data. The US stocks rose after the unexpectedly strong rise in non-farm payrolls on Friday; on the other hand the US treasuries are down.

Before the opening of the stock markets in the US, the non-farm employment data announced on expectations improved the stock market’s market sentiment just a day after six weeks of harsh daily decline. Bloomberg Dollar Spot Index wiped out gains in the first transactions after data, because of the effects of lifetime wages. Concerns over the continued decline in inflationary pressures were effective in the decline of the index following the data.

The report, released on the last trading day of the week, supported the Fed’s thought that the last moment of unemployment in the job market is temporary. But, the weak wages showed the argument that the weakness continued. Dollar and bond markets have focused on the Fed’s next interest rate hikes, while stocks have risen, taking into account the economy’s strength.

The S & P 500 Index took back 0.9 percent losses and rose 0.6 percent today. The benchmark index followed an almost flat course weekly for the holidays. Technology shares have gained more than 1.2 percent.

The Stoxx Europe 600 Index limited losses to 0.2 percent after the announcement of the US employment data. The indicator remained flat this week after a four-week fall series.

In the US, 10-year treasury bonds rose by 2 basis points to 2.398 percent. The short-term interest rates for 10 years rose a total of 8 basis points a week. In Germany, the interest on the 10-year-old rose by 9 basis points on Thursday and then dropped by 1 basis point on Friday’s trading.

The Bloomberg Dollar Spot Index rose 0.2 percent on Friday after a 0.2 percent decline Thursday. The Yen was down 0.6 percent versus the dollar, posting 113.843 buyers, after giving back 0.1 percent of gains in the early hours. The euro was down 0.4% from the previous session’s 0.6% gain and traded at 1.1381. The pound / dollar pair fell 0.6% to 1.2874.

WTI oil contracted 3.6 percent to $ 43.87 per barrel. WTI Petroleum, which recorded a 0.9 percent increase on Thursday, is missing more than 4 percent this week.

Gold futures fell 0.8 percent to $ 1.213.60 per ounce. The weekly loss of precious metal recorded the worst performance since the beginning of May, at 1.6 per cent.

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