Futures contracts over Europe are in the green. Asia closes in negative territory
Europe points to the start of the session in the green, putting the brakes on five consecutive days of losses. the future On the Euro Stoxx 50 it rose 1.3%. In Asia, the closing of the session was again painted red on Friday.
The pressure on the Asian indices is the strength of the dollar and the announced shutdown this week in one of China’s largest cities, Chengdu.
In China, the Shanghai Composite lost 0.27%, while the Nikkei in Japan lost 0.04%. In Hong Kong, the Hang Seng Index is down 1.22% and in South Korea, the Kospi Index is down 0.14%.
Investors on Friday have their eyes on the other side of the Atlantic. The US publishes the employment report, which will show the strength of the US market, which is key data in the eyes of the US Federal Reserve (Fed), which is preparing to raise the new interest rate for this month.
The strong number should support continued interest rate hikes by the Federal Reserve, which pushes the dollar higher and also leads to the selling of bonds.
Analysts expect that 300,000 jobs were created last month and the unemployment rate was 3.5%.
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