US stock indexes are falling. Ultimately, Friday's report on US Nonfarm Payrolls for August was interpreted as a supportive factor for the increase interest rates by the Fed in
September. This attitude gave support to the dollar and suppresses the stock markets.
173 000 new jobs were created in America in August , fewer than the expected
220 000. At the same time, the unemployment rate surprisingly dropped to
seven-year low of 5.1%, and employment data in the previous two months were
revised upward, indicating that the US labor market is stable and Fed still
could raise interest rates.
Amid these data Dow Jones fell by 1.% to 16,108 points. The Nasdaq is down by
1.02% to 4685 points and S&P 500 dropped by 1.49%, to 1922 points.
The dollar rose by 0.04% to 1.1120 EUR/USD. DXY is up by 0.05% to 96.45.
The futures price of US light crude for October delivery fell by 0.96 % to
46.30 dollars per barrel.
And gold fell by 0.44% to 1 120.54
dollars per troy ounce.
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