American futures stand still ahead of jobs data

American futures stand still ahead of jobs data

On Friday, American futures were intact because market participants pause their trading before the latest jobs news later in the day.

As a matter of fact, the S&P 500 futures slumped 0.03% hitting 2,738.50, while Dow futures managed to acquire 0.03% too reaching 24,900.0. Besides this, Nasdaq 100 futures added 0.04% being worth 6,976.25.

The previous month’s jobs report generated worries about inflation and provoked a steep sell-off in shares. Investors will also focus on the nonfarm payrolls to better assess the strength of the American economy.

Donald Trump had a shocking declaration signed. It actually imposes a 25% duty on steel as well as 10% on aluminum imports. The duties are going to take effect in 15 days. However, America’s two leading trade partners, Mexico and Canada will be exempt from these tariffs.

Some market participants along with leaders are afraid the duties could cause a trade conflict. The European Union has told that it’s considering retaliating in a tit-for-tat duty on US exports, including Levi jeans, cranberry sauce and bourbon.

Crude and chemicals transportation company Top Ships Inc appeared to be among the leading performers in pre-market trading, gaining 5.40%. Additionally, Wynn Resorts Limited tacked on 2.17% in the face of news that it was shelling out $2.4 billion for the purpose of settling a lawsuit with Japan’s gaming group Universal dubbed Entertainment.

Furthermore, luxury car maker Tesla edged down 1.61% due to the fact its chief accounting officer decided to leave the company. Toy maker Mattel sank 3.19%, telecommunications giant Nokia headed south 0.85%.

In the European Union equities were mixed. In Germany DAX dived 0.28%, France’s CAC 40 managed to grow 0.12%. The FTSE 100 rallied 0.01% in London. The pan-European Euro Stoxx 50 lost 0.04%, Spain’s IBEX 35 inched down 0.14%.


Latest news

USD Moves Weird Ahead of CPI
USD Moves Weird Ahead of CPI

The United States will publish the Inflation Rate and Core Inflation Rate, also known as US CPI and Core CPI, on August 10 at 15:30 GMT+3.

The NFP Release: One More Punch for USD?
The NFP Release: One More Punch for USD?

The United States Bureau of Labor Statistics will release monthly average hourly earnings, non-farm employment change (NFP), and unemployment rate on August 5, 15:30 GMT+3.

Deposit with your local payment systems

Be on top of your game

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Next callback request for this phone number
will be available in

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later

Don’t waste your time – keep track of how NFP affects the US dollar and profit!

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera