Job creation in EU concerning Today – The Universal

[email protected]

The report on the employment situation in the United States (US) has the attention of investors Friday.

the US labor Department releases the report at 7:30 am, which collects various indicators, but the most important will be the creation of non-farm work and related income .

Analysts estimate 190 thousand new jobs in February after generating 151,000 in January, along with an unemployment rate of 4.9%, the same as the previous month was reported and that means the lowest level since February 2008.

it is expected that the average income per hour worked decelerate, increasing 0.2% in February compared with the previous increase of 0.5%.

job creation can positively surprised, because the ADP agency reported the creation of 214,000 jobs in February in the US private sector.

the employment situation has great influence on the psychology of financial markets.

Thus, the more jobs are generated, grow the economy faster. On the other hand, declines in employment, are associated with a contraction in production and now to postpone the bullish process interest rates.

The Department of Commerce US will report at the same time the trade balance, for which a deficit of 44 billion dollars in January, compared to the negative balance by 43 billion 400 million recorded last December.

in Mexico it is estimated reveal gross fixed investment in 2015 8 hours.

Falling oil and the dollar rises. A barrel of US crude ended a streak that lasted three days, losing 0.3% to settle at $ 34.57, while the Mexican yielded 0.6% to 27.86 units.

The dollar responded to appreciate before the decline in petroprecios and statements by the governor of the Bank of Mexico, Agustin Carstens, who said that discretionary interventions in the foreign exchange market will be only under exceptional circumstances.

the price of the currency rose eight cents, after three days down, to end at 18.23 pesos in the windows of Banamex and Santander.

the Mexican stock market recorded a gain of 0.3%, the fifth consecutive to close at 44 thousand 742 points, its best level since November 23 last year.

the Ministry of Energy of Russia said he was prepared for discussions with members of the Organization of Petroleum Exporting Countries (OPEC) and other producers, but said that some countries plan to gather on March 20.

the Chinese congress meets tomorrow to detail the policy plans for 2016 as well as for the next five years.

Meanwhile, Moody’s changed the outlook to negative for the largest banks and the leading telecommunications company in China, after doing the same on Wednesday with the sovereign rating of China.

Robert Kaplan, president of the Dallas Fed and no vote this year, said the central bank needs to be patient with respect to the upward process rates and assess the impact of current conditions and the effect of the slowdown in global growth in the US economy.