📆 Friday, July 7
► Equities worldwide declined ahead of key US job figures. The release of nonfarm payrolls and unemployment reports will be significant in determining further changes in rate-hike expectations. Investors will be closely monitoring the data to be reported later in the day (12:30 UTC+0).
► European shares experienced a downward trend for the third consecutive day, with the greatest losses in the utilities and media sectors. German industrial production came in worse-than-expected. Future contracts for the S&P 500 and Nasdaq 100 indices indicate more losses to come, following stronger-than-expected private hiring data in the US as reported from ADP yesterday.
► Treasury yields steadied, with the policy-sensitive two-year yield near 5% and the 10-year yield hovering near the highest level since March.
Subscribe to see more
