Analysis-US jobs data calms market fears, but jitters on policy uncertainty dominate
By Saqib Iqbal Ahmed and Laura Matthews
New York (Reuters) – The US District Report has emphasized the slowdown of rapid growth, but pressure and tariff titles that maintain risk assets.
In February, US labor growth was simply shy to estimate and unemployment rate to 4.1%, but investors were more vague after the last part of the data.
This week, the markets were left after the punitive sale of the consumed trade policy and the reduction of deep federal federal expenses, which could advance the stability of the labor market.
“We have a relatively expensive market. Mixing it with uncertainty and concern and minimum resistance path downwards, “said Jack Ablin, Chief Introduction to Chicago Cresset Capital.
“This is just a risk of thinking, and it will bring a lot to convincing people differently,” Ablin said.
Last month, although 151,000 salaries increased by 151,000 salaries after the beginning of January, on Friday, descending after 55,000. Reuters’ employees predicted salaries that promote 160,000 jobs.
The report on the employment was followed by the US economic growth slowed in the fourth quarter, while US retail sales in almost two years have decreased in almost two years.
“The mitigation of economic growth has not expected many investors based on the latest data,” said Gennady Goldberg, head of the US TD securities in New York.
Investors collided with changes in dramatic policy worldwide, including President Donald Trump and ahead of fresh tariffs in Mexico, Canada and China.
The risks of Mexico, Canada and American economies are collected in the face of the chaos of US tariffs, which have created deep uncertainties for business and decision makers, reporting the inquiries of economists.
“You are not going to hire, you are not going to make capital expenditures unless you see what way these things go down,” said the main maha capital government. “I doubt we will start to see that it is in the next monthly figures.
The friday data did little into the tide of the bra’s sentiment, which was caught by Wall Street. On Thursday, NASDAQ sold sharply this week sharply sold abruptly with NASDAQ.
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