Placeholder Image

Subtitles section Play video

  • From the FT in London, here is the latest on markets.

  • It's Black Friday again, time for US jobs data, a must-watch item on the global macro calendar.

  • But this time, it's a little bit different.

  • Markets already see a 100% chance of a rate rise from the Fed this month.

  • That means any divergence from expectations that the US added 180,000 jobs in October

  • would have to be huge to move the dial.

  • Also in the US, watch tech stocks.

  • They're taking a hit this week as investors figured the Trump effect is not even across sectors.

  • Meanwhile, Turkey's lira is at new record lows made worse by the surging oil.

  • Sterling is unusually upbeat after the UK's Brexit Minister conceded

  • the country might need to keep paying into the EU budget after it leaves,

  • hinting at a soft rather than hard option.

  • News overnight, the Lib Dems of a new MP from a London by-election also chips away at the slender Torian majority

  • and that the margin helps the case for a softer Brexit.

  • Coming up, the Italian referendum at the weekend will keep Euro traders and Italian bank stocks on edge.

From the FT in London, here is the latest on markets.

Subtitles and vocabulary

Operation of videos Adjust the video here to display the subtitles

B2 FinancialTimes brexit italian london lib dems dems

US jobs data and soft Brexit | Market Minute

  • 80 2
    Tim posted on 2016/12/05
Video vocabulary