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In the U.S. employers added back more jobs than expected in July

In the U.S. employers added back more jobs than expected in July

Information is not investment advice

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Ichimoku Kinko Hyo

CHF/JPY: The CHF/JPY pair is now testing the upper level of the cloud. A successful attempt to exit the Kumo will lead the exchange rate into higher ground.

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US Market View

In the United States employers added back more jobs than expected in July and the jobless rate fell to the lowest level since March last year. The economy, however, is still trying to recoup millions of jobs lost since the beginning of the pandemic.

In Europe stocks were slightly higher today, with Stoxx 600 at 0.12%. Insurance stocks added 1.4% and health care stocks down by 0.8%.

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