LONDON, Aug 1- Copper dipped on Friday after Chinese data showing manufacturing growth was not enough to outweigh prospects for slowing economic growth and a weaker-than-expected U.S. jobs report.» Read More
PARIS, Aug 1- Shares trimmed losses and the dollar dipped on Friday after the U.S. reported job growth slowed more than expected in July and the unemployment rate unexpectedly rose, easing worries that interest rates will rise soon.
*Nonfarm payrolls increased 209,000 last month after surging by 298,000 in June, the Labor Department said on Friday. *Average hourly earnings, which are being closely monitored as a potential signal of reduced slack that could prompt the Fed to raise rates, rose only one cent. COMMENTS: MARK GRANT, MANAGING DIRECTOR, SOUTHWEST SECURITIES, FORT LAUDERDALE, FLORIDA:.
CNBC's Steve Liesman breaks down the data on Friday's jobs report. And Mark Zandi, Moody's Analytics; Peter Boockvar, The Lindsey Group, Tony Fratto, Hamilton Place Strategies, and Austan Goolsbee, Chicago Booth School of Business, weigh in.
CNBC's Rick Santelli reports market reaction to Friday's jobs report.
US TREASURIES YIELDS FALL AFTER JULY JOBS REPORT, 10- YEAR NOTE YIELDS DROP TO 2.54 PCT.
*Average hourly earnings up 1 cent, workweek steady. WASHINGTON, Aug 1- U.S. job growth slowed more than expected in July and an unexpected rise in the unemployment rate pointed to some slack in the labor market that could give the Federal Reserve room to keep interest rates low for a while.
CNBC's Eamon Javers reports the latest jobs numbers from the U.S. Labor Department.
Rich Ilczyszyn, iiTrader.com, weighs in on the morning's trading action as stocks stage a comeback from early global selloff.
Mark Zandi, Moody's Analytics; Peter Boockvar, The Lindsey Group, Tony Fratto, Hamilton Place Strategies, and Austan Goolsbee, Chicago Booth School of Business, share their predictions on Friday's employment report.
CNBC's Mary Thompson travels to Augusta, Georgia to check out how one manufacturer is cutting costs and improving efficiencies in the workplace.
Copper was at $7,079 a tonne at 1048 GMT, down 0.5 percent on Thursday's close despite data showing expanding factory activity in China, the world's biggest consumer of the metal.
Robert Walters, CEO of Robert Walters, discusses the outlook for global job creation and wage inflation and says that the U.K. should start to see wages rise in 2015.
*FTSEurofirst 300 down 0.4 pct, Euro STOXX 50 down 0.3 pct. *Gloomy outlook at Arcelor, Vinci also weigh. The euro zone Euro STOXX 50 index was down 0.3 percent at 3,106.17 points.
LONDON, Aug 1- European equity indexes were flat to lower early on Friday as investors held fire ahead of U.S. jobs data expected to shed light on the chances of an early end to the Federal Reserve's ultra-easy, equity-friendly monetary policy.
WASHINGTON— With a host of reports this week pointing to a healthier U.S. economy, analysts expect Friday's monthly jobs report to send a similar message. Economists predict that the government will say employers added 225,000 jobs in July, according to a survey by data provider FactSet. The Labor Department will issue the jobs report at 8:30 a.m. Eastern time.
SYDNEY/ SINGAPORE, Aug 1- Dollar bulls took a breather on Friday ahead of a closely watched jobs report that has the potential to make or break a rally that saw the greenback post its best monthly performance in over a year. Against the yen, the dollar edged up 0.1 percent to 102.89 yen but stayed below a four-month high of 103.15 yen struck on Wednesday.
*China PMI to take centre stage in Asia. SYDNEY, Aug 1- Dollar bulls took a breather early on Friday ahead of a closely watched jobs report that has the potential to make or break a rally that saw the greenback post its best monthly performance in over a year. The dollar bought 102.78 yen, after peaking at a four-month high of 103.15.
Previewing tomorrow's employment report, with Diane Swonk, Mesirow Financial, and CNBC's Steve Liesman.
NEW YORK— It's a drama worthy of the Metropolitan Opera: Frantic, last-minute labor negotiations aimed at averting a lockout that threatens to stop both pay and benefits for thousands of singers, musicians, stagehands and other workers.
HARTFORD, Conn.— Nearly 100,000 employers in Connecticut are about to get sticker shock as the state mails annual tax bills to pay interest on its $433 million federal loan for unemployment benefits for workers let go during the Great Recession.