World Week Ahead: US jobs, Bank of England

Sun, 31 Jul 2016

By Jonathan Underhill Aug. 1 (BusinessDesk) - After the Federal Open Market Committee signalled it might hike interest rates this year, investors will closely watch the latest US jobs data including the government’s nonfarm payrolls report on Friday. First, there is the ADP employment report on Wednesday, and weekly jobless claims on Thursday. Last Wednesday, the Fed noted that the labour market had improved since its June meeting. But a report last Friday showed the US economy expanded at a 1.2 percent rate, falling well short of expe...

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