How were the stock markets, oil and gold affected by the job jump in America?

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Data from the US Department of Labor showed that US employers hired a number of workers that far exceeded expectations in July, to continue the increase in jobs for the nineteenth consecutive month, with the unemployment rate dropping to pre-epidemic rates. corona at 3.5 percent.

According to the data of the Ministry of Labor, the economy added in United State 528K jobs last month, better than expectations of 250K.

This strong employment activity may encourage, Federal Reserve Board on increase interest rates At high rates again, after it raised it last month by 75 basis points for the second time in a row as part of a series of increases aimed at reducing inflation rates, which reached the highest levels in more than 40 years.

As a result of these concerns, US stocks closed the weekend’s trading with a decline, as the index declined "Standard & Poor’s 500" The benchmark index fell by 0.16 percent, at the close to 4,145.19 points, and the Nasdaq Composite Index fell by 0.50 percent, to 12,657.55 points.

On the other hand, the index rose "Dow Jones" industrial, by 0.23 percent, to 32803.47 points.

In Europe, the market indices witnessed a collective decline in trading yesterday, as the index fell "Euro Stocks 50" by about 0.78 percent, and the index "Dax" German 0.65 percent, and"mr" French 0.63 percent, and"FTSE 100" Britain 0.11 percent.

As for commodities, oil prices benefited from the news of a recovery in employment to compensate for some of the week’s losses, and Brent crude rose yesterday by 0.85 percent at the level of $94.92 a barrel, as well as West Texas crude, which rose by 0.53 percent to the level of $89.01 a barrel.

Although high oil In yesterday’s session, however, it ended the week at its lowest level since February on concerns that a recession could affect fuel demand.

As for gold, it fell in yesterday’s session, by about 0.88 percent to the level of $ 1775.50 an ounce, but it ended the week with gains of about 0.54 percent.

As for coins, it has received dollar New support during yesterday’s session, and the US dollar index rose against the basket of major currencies by 0.88 percent.

And the price fell euro Against the dollar, in yesterday’s trading, it reached the level of 1.0183 dollars, and the sterling pound fell to 1.2073 dollars.

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Data from the US Department of Labor showed that US employers hired a number of workers that far exceeded expectations in July, to continue the increase in jobs for the nineteenth consecutive month, with the unemployment rate dropping to pre-epidemic rates. corona at 3.5 percent.

According to the data of the Ministry of Labor, the economy added in United State 528K jobs last month, better than expectations of 250K.

This strong employment activity may encourage, Federal Reserve Board on increase interest rates At high rates again, after it raised it last month by 75 basis points for the second time in a row as part of a series of increases aimed at reducing inflation rates, which reached the highest levels in more than 40 years.

As a result of these concerns, US stocks closed the weekend’s trading lower, as the benchmark “Standard & Poor’s 500” index fell by 0.16 percent, at the close to 4145.19 points, and the Nasdaq Composite Index fell by 0.50 percent, to 12657.55 points.

On the other hand, the indexDow JonesIndustrial, by 0.23%, to 32803.47 points.

In Europe, market indices witnessed a collective decline in trading yesterday, as the “Euro Stoxx 50” index fell by 0.78 percent, the German “Dax” index 0.65 percent, the French “CAC” 0.63 percent, and the British “FTSE 100” 0.11 percent.

As for commodities, oil prices benefited from the news of a recovery in employment to compensate for some of the week’s losses, and Brent crude rose yesterday by 0.85 percent at the level of $94.92 a barrel, as well as West Texas crude, which rose by 0.53 percent to the level of $89.01 a barrel.

Although high oil In yesterday’s session, however, it ended the week at its lowest level since February on concerns that a recession could affect fuel demand.

As for gold, it fell in yesterday’s session, by about 0.88 percent to the level of $ 1775.50 an ounce, but it ended the week with gains of about 0.54 percent.

As for coins, it has received dollar New support during yesterday’s session, and the US dollar index rose against the basket of major currencies by 0.88 percent.

And the price fell euro Against the dollar, in yesterday’s trading, it reached the level of 1.0183 dollars, and the sterling pound fell to 1.2073 dollars.

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