Major US equity indices witnessed a rather mixed opening on the last trading day of the week as investors digested today’s mixed July jobs report. The latest monthly employment details showed that the US economy added 157K new jobs during the month of July, far lower than 190K anticipated, albeit was largely negated by upward revisions to the previous two months reading and a downtick in the unemployment rate, reflecting the underlying strength in the labor market. In the latest development over the ongoing trade spat between the world’s two largest economies, China is said to impose differential tariffs on $60 billion worth of US goods. The move comes after the US President Donald Trump proposed to impose 25% tariffs, as against 10% proposed previously, on around $200 billion worth of Chinese goods. With the optimism over any positive economic data being overshadowed by the incoming trade-related news, upbeat quarterly earnings results might help keep a near-term floor for the markets, at least for the time being. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next US: Non-manufacturing PMI falls to 55.7 in July vs. 58.6 expected FX Street 5 years Major US equity indices witnessed a rather mixed opening on the last trading day of the week as investors digested today's mixed July jobs report. The latest monthly employment details showed that the US economy added 157K new jobs during the month of July, far lower than 190K anticipated, albeit was largely negated by upward revisions to the previous two months reading and a downtick in the unemployment rate, reflecting the underlying strength in the labor market. In the latest development over the ongoing trade spat between the world's two largest economies, China is said to impose differential tariffs… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
