S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
US Change in Nonfarm Payrolls Aug: 162K (est 55K; prev -23K, prevR 21K) – Unemployment Rate: 4.1% (est 4.1%; prev 4.1%) – Avg Hourly Earnings (M/M): 0.3% (est 0.3%; prev 0.1%) – Avg Hourly Earnings (Y/Y): 3.1% (est 3.1%; prev 3.2%) US stocks and bonds declined after a remarkably strong August jobs report fueled speculation that the Federal Reserve will raise interest rates this year. The labor market showed unexpected momentum as the US added 162,000 nonfarm payrolls last month, significantly surpassing economic forecasts. Alongside this robust job growth, the national unemployment rate held steady at 4.1 percent. Consequently, Treasury yields advanced and the US dollar strengthened.
Source: XTB
