The FTSE 100 returned the early profits to close on Friday, since a weak report of jobs in the United States increased the hopes of rates cuts, but also increased the fear that the world's largest economy was slowing down.
“He [US] The labor market is in a precarious position, “Wells Fargo analysts said, placing the Federal Open Market Committee in a position” where it will begin imminently to reduce the rate of federal funds. “
The FTSE 100 index closed 8.66 points, 0.1%, at 9,208.21. He had previously negotiated up to 9,253.53.
The FTSE 250 ended 100.86 higher points, 0.5%, at 21,575.54 and the AIM All-Share finished 3.63 points, 0.5%, to 765.63.
For the week, the FTSE 100 increased 0.2%, the FTSE 250 fell 0.1%and the AIM All-Share was in charge of 0.2%.
In New York, at the time of the closure of the Variable Income Market of London, the Dow Jones industrial average dropped 0.7%, as well as the S&P 500, while the Nasdaq compound fell 0.5%.
On Friday he saw another report of weak jobs in the US. With the growth of non -agricultural payroll well below market expectations, while the unemployment rate increased.
According to the Office of Labor Statistics, the use of non -agricultural payroll increased by 22,000 in August, decreasing from 79,000 in July.
Julio's reading was reviewed 73,000, however, June's reading was reduced to a net loss of 13,000 jobs with a gain of 14,000 previously reported.
The latest data did not reach the 75,000 FXSTERET consensus.
The unemployment rate exceeded up to 4.3% in August, as expected, 4.2% in July.
Thomas Feltmate, a senior economist of TD Economics, said: “You cannot escape the labor market being softening and quickly.
“Fed officials have been increasingly concerned about the downward risks for the labor market, and this morning's report will not calm those fears.
“We maintained a vision out of consensus since April that the Federal Reserve would need to deliver 75 basic points in the relief of rates this year, and our conviction is still high to occur.”
Wells Fargo said the Jobs engine, which has been essential for the economic growth of the United States that challenges expectations during the last four years, is “stagnating.”
“With a high risk of more downward reviews, the recent rhythm of hiring is dangerously close to crossing a negative territory, where the weakness of the labor market quickly becomes reinforced,” warned the corridor.
The report exerted pressure on the dollar and saw that bond yields are facilitated even more.
Libra increased to $ 1.35 on Friday afternoon in London, compared to 1.34 at the closing of shares on Thursday. The euro reaffirmed to 1.17.
The 10 -year Treasury yield. UU. It was quoted at 4.07%, it was reduced from 4.20% on Thursday. The treasure performance of 30 years from the USA was quoted by 4.79%, decreased from 4.90%.
In Europe, CAC 40 in Paris finished 0.6%, while Dax 40 in Frankfurt closed 0.9% lower.
The shares in Housebuilder based in Cobham, Bereley, increased 3.0%, since he said he is on the way to informing the profits before taxes in line with his prognosis of £ 450 million for the financial year that ends on April 30, 2026 and 15% of £ 528.9 million in Financial 2025.
Berkeley said he has already secured 85% of his guided earnings before taxes through exchange contracts, and that the company remains in the objective to achieve a similar level of profits in Financial 2027.
The Berkeley update occurred when the Halifax housing price index discovered that the average price of the United Kingdom's housing increased 0.3% to a new record of £ 299,331 in August.
“The affordability remains a challenge, but there are signs of improvement,” said Amanda Bryden, director of Mortgages in Halifax.
Other housing builders were excited about the news. The 2.8%CAHI, Barratt Redrow in 2.1%and Taylor Wimpey in 2.2%.
Aviva rose 1.6% when Goldman Sachs restarted the insurer's coverage with a 'purchase' qualification and 736 Pence Price Target.
But the Admiral fell 3.0% when Peel Hunt reduced to “sell” to “reduce” believing that the perspective to subscribe margins in the United Kingdom motor space is “beginning to deteriorate.”
An acute fall in the price of oil saw the BP and the fall in housing 2.6% and 2.3% respectively. A Brent barrel quoted $ 65.14 on Friday afternoon, below 67.02 on Thursday.
Then it increased 0.8% after retail sales of the United Kingdom accelerated before expectations in July after a good continuous climate.
It is estimated that total retail sales volumes have increased by 0.6% in July, accelerating a 0.3% increase in June and comfortably exceeding a consensus cited by FXStet for a growth of 0.2% in July.
Sales of the food store increased 2.5% in July at its highest level since February 2022, driven by good weather and events such as the Euro 2025 women's tournament. Sales of the food store had increased 0.7% in June.
The ONS said that the United Kingdom had its fifth most innovative July in July registered this year, according to the climatic summaries of the weather office.
The largest elevators in the FTSE 100 were between 28.00PA 864.40p, Berkeley Group, 108.00PA 3,690.00p, Ashtead, an increase of 152.00PA 5,538.00p, Persimmon, up to 30.00Pa 1,100.00py Melrose, up to 16.00PA 616.00p.
The greatest ftse 100 faults were the Admiral, 102.00PA 3,342.00p, BP, below 11.25PA 415.65P, Barclays, below 9.20PA 361.05P, Natwest, below 12.00PA 506.00Py Shell, below 60.50PA 2,627.50P.
The local corporate calendar on Monday has half -year results of the insurer Phoenix Group.
The global economic calendar on Monday has commercial data from China.
Later in the week, the inflation figures of the United States and the decision of the ECB's interest rate, both on Thursday, will be observed closely.
