Experimental feature

Listen to this article

Experimental feature

European investors are heading into the final day of the week and the all-important US jobs report with a soggy lead from Asia.

Chinese markets have fallen on their first day back since the week-long lunar new year holiday, while sentiment has been soft in most other markets owing to a weak session on Wall Street on Thursday.

Japanese stocks perked up thanks to weakness in the yen that was brought about by the Bank of Japan’s decision to conduct it first unlimited fixed rate bond operation for 10-year bonds. That has helped rein in 10-year JGB yields, and saw the yen reverse early gains to be 0.2 per cent weaker.

Investors are hanging out for the closely-watched US jobs report, due out later today.

Brewin Dolphin and Intesa Sanpaolo feature on the corporate calendar, while the economic diary looks something like this (London times):

  • 07.00: Turkish inflation
  • 08.15: Spain services PMI
  • 09.00: Eurozone services PMI
  • 09.30: UK services PMI
  • 10.00: Eurozone retail sales
  • 10.00: Italian inflation

Get alerts on Europe when a new story is published

Copyright The Financial Times Limited 2018. All rights reserved.

Comments have not been enabled for this article.

Follow the topics in this article