Only 49k jobs added vs. 50,000 expected as the unemployment rate tumbles to 6.3% from 6.7%. Rail movements up 5.3% in January.
Here is the current market situation from CNN Money
European markets are higher today with shares in France leading the region. The CAC 40 is up 0.82% while Germany s DAX is up 0.28% and London s FTSE 100 is up 0.05%.
What Is Moving the Markets
Here are the headlines moving the markets.
Can Anything Help Restore Wall Streets Confidence In U.S. Shale? Rallying oil prices are testing once again the U.S. shale patchs resolve to spend within their means and prioritize profitability over production growth. U.S oil prices above $55 a barrel are also testing the patience of investors with American oil producers, and investor hopes that this time around shale firms will keep, for a change, their promises to stay disciplined in spending for drilling. The higher the price of oil, the greater the temptation to plow more cash into new wells. The fact that U.S.
Biden stimulus plan cheers Asian investors
published : 16 Jan 2021 at 04:00
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Recap: Most Asian markets advanced yesterday on optimism about US President-elect Joe Biden s much-anticipated $1.9-trillion fiscal stimulus plan, even as Wall Street retreated. European stocks dropped as investors took profits after solid gains. Tokyo also fell as investors locked in gains after the Nikkei rose for five straight trading days to a fresh 30-year high.
The SET index moved in a range of 1,513.48 and 1,561.66 points this week before closing yesterday at 1,519.13, down 1.1% from the previous week, in turnover averaging 97.86 billion baht daily.
Retail investors were net buyers of 8.4 billion baht, foreign investors purchased 2.08 billion and brokers bought 666.03 million baht worth of shares. Institutional investors were net sellers of 11.14 billion baht.
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Kerry Express (SET:KEX) debuts on the SET, confident of warm reception by investors
Plans to boost capacity to sorting 3 million parcels per day by 2023
BANGKOK, Dec 25, 2020 - (ACN Newswire) - Kerry Express (Thailand) Plc. (KEX) has had its First Trading Day on the Stock Exchange of Thailand. With overwhelming responses during the subscription period, both from international and local investors. Viewed as a proxy of investment in the new economy, KEX provides an investment alternative in the local bourse, where a handful of choices are now available. The company is launching an aggressive strategy to expand its business into all provinces in Thailand, aimed at propelling further growth with technology and human resources, expanding express delivery service networks and boosting sorting capabilities to 3 million parcels per day by 2023, increasing efficiency, managing costs and creating continuous growth.