Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

El Ibex se juega los 20.000 puntos con el empleo de EEUU

La referencia macro más esperada de la semana, el informe oficial de empleo de EEUU, acapara los focos en la jornada de hoy. Hasta entonces, la posibilidad de que la Fed eluda una subida de tipos este mes mantiene la tregua en los mercados. El Ibex mira al exterior en su intento por despedir la semana en los 20.000 puntos. Leer

El Ibex se juega los 20.000 puntos con el empleo de EEUU

The focus of today's trading session is the highly anticipated U.S. employment report, which dominates market attention. Prior to this, the possibility of the Federal Reserve raising interest rates this month kept markets apace. The Spanish stock market, aiming to end the week at 20,000 points, relies on foreign influence. Recent statements by Federal Reserve Governor Christopher Waller have reignited uncertainty, suggesting the possibility of deflation and a cautious approach to interest rate decisions based on upcoming inflation data.

The Fed's rate increase since the Jackson Hole summit remains a topic of discussion, with market probabilities for a rate hike at the September meeting dropping from 70% to nearly 50%. This shift sparked gains in the stock market, gold, and bitcoin, and increased caution in bond yields. Tomorrow's data on job creation in the U.S. will be crucial, with an expected unemployment rate of 4.1% and 56,000 new jobs created in August, following a decline in July.

Wall Street has adopted a more cautious tone after yesterday's gains, similar to those seen earlier in the Nasdaq. The Spanish market takes a breather after its final surge of 1.12%, returning to 20,000 points and closing the previous week at 20,041.

Written by urgent.news from Expansion ES's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at expansion.com →

More in Finance & Markets

More from Friday 4 September →