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Global stocks mixed ahead of US employment data

July 5, 2019

Via: ABC News

Asian stocks advanced Friday while European markets opened lower as investors waited for American jobs data and details of U.S.-Chinese trade talks.

Benchmarks in London and Frankfurt retreated while Shanghai and Tokyo gained.

Monthly U.S. employment numbers are expected to be a factor in the Federal Reserve’s decision this month on interest rates. Markets expect a solid 165,000 increase in non-farm payrolls.

The central bank has said it is prepared to cut rates to shore up the U.S. economy if trade disputes crimp growth.

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