American stock markets fell today, as European stock indices witnessed a significant decline due to fears of a second wave of the Coronavirus pandemic. This potential return to crisis levels of infection could delay the global economic recovery that has been anticipated – or hoped for – in second half of the year.
Ben Robson's coverage of the trading week's most important market events.
U.S. job growth accelerated in August, with wages posting the biggest annual increase in more than nine years and unemployment hitting its lowest level
The US dollar was steady at its lowest level since the beginning of the week, as the dollar index trading against a basket of currencies at 94.93 levels,
The British pound rose strongly from a two-week low of 1.2785 to reach its highest level since last Friday, trading at 1.2965
The US dollar continued its gains today, reaching its highest level since August 24 at 95.60 against a basket of currencies as investors headed towards safe havens
Ben Robson's coverage of the trading week's most important market events
Markets are monitoring the US-Canada talks this week after a deal failed on Friday, and US markets will be closed on Monday for Labor Day
The British Pound held steady near its highest level in a month, after rising hopes of a deal before Brexit
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