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Welcome to the FT Market Minute, here's what we're watching in London on Friday morning.
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Well it's not often that US jobs data were pushed into the shadows,
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but at the moment it's the oil market that's capturing everyone's attention.
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Brent Crude at one point in Asian trade had get loss to the week for nearly 10%,
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technique price had fall to a 5-month low, below 47 dollars a barrel in the process.
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Prices are paded chunk of the day's losses, but the latest slide in the energy prices
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which comes a bit worries about still ample supply are reverberating across asset classes.
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Obviously, shares in energy companies are struggling which is where on benchmarking in this season.
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Commodity currencies are been under the cosh, too.
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That means weakness for the Norwegian Krone and Aussie dollar for example.
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Still, Wall Street energy futures are well off session lows,
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as investors remember what's been a genuinely well-received earning season, and it looked ahead to the jobs data.
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Economies expect a 185,000 jobs created in April, and that really forged expectations that the Fed (Federal Reserve Board of Governors) will hike rate again next month.
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The dollar is steady and the Euro is, too, end of this weekend's French election.