US equities are set to stand still

US equities are set to stand still

On Friday, American equities gave up early revenue and pointed to a flat start because data disclosed that job surge speeded down in July, and China came up with fresh duties on $60 billion worth of American products, thus driving a trade clash between the world's two leading economies.

As China's Commerce Ministry told, the new measures happen to be restrained and rational and the timing of its implementation is going to be based on the actions of America.

The financial markets obtained minor impetus to move up after the American jobs surge speeded down in July probably due to companies' problem with finding qualified employees.

In July, nonfarm payrolls slumped by 157,000 jobs, as the Labor Department informed on Friday. Market experts surveyed by Reuters had predicted nonfarm payrolls soaring by up to 190,000 jobs.

The trade war concerns will most likely have the jobs report overshadowed, as some financial analysts stressed.

In July, the unemployment rate lost 0.1% hitting 3.9%, while the average hourly earnings soared by 0.3% in July, having ascended by 0.1% in June.

China's announcement showed up after President Donald Trump decided to slap 25% duties on $200 billion worth of China’s products, up from an initially imposed 10% tariff this week and stressed that the Chinese government should make a slew of concessions to avert the new tariffs.

Such trade-sensitive equities as Caterpillar and Boeing sank by 0.3% and 0,6% respectively during premarket trading.

Apple that slumped marginally turned out to be the first $1 trillion publicly listed American company. What’s more- on Thursday it underpinned the S&P 500 and the Nasdaq.

Meanwhile, Amazon, Alphabet, Facebook, and Netflix managed to leap 0,2%-0.7%.  

Kraft Heinz soared by 3.3% having topped quarterly revenue as well as profit estimates because the Velveeta cheese maker lifted prices of its products.


Apple event surprised traders
Apple event surprised traders

Every year in early autumn Apple holds its event where it presents new iPhones, Apple Watches, and iPads. This year wasn’t an exclusion. But yesterday’s presentation didn’t result in Apple stock growth, and here’s why.

Latest news

Gold Rises as Central Banks Buy More
Gold Rises as Central Banks Buy More

About 24% of global central banks intend to increase gold reserves in 2023. Rising inflation, geopolitical turmoil, and worries about interest rates are reasons to increase gold reserves.

US Evades Default This Time
US Evades Default This Time

Greetings to a brand new week full of events, economic releases and US debt frictions. We are here to tell you everything you need to know!

USD Gains Momentum
USD Gains Momentum

The US dollar index breaks one resistance after another. Read the report to learn the next target for the US dollar index!

Deposit with your local payment systems

Feel the Team Spirit

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