{"id":40580,"date":"2013-08-02T04:07:56","date_gmt":"2013-08-02T08:07:56","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/?p=40580"},"modified":"2013-08-02T04:07:56","modified_gmt":"2013-08-02T08:07:56","slug":"europe-shares-open-green-ahead-of-us-payrolls-report","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2013\/08\/02\/europe-shares-open-green-ahead-of-us-payrolls-report\/","title":{"rendered":"Europe Shares open green ahead of US payrolls report"},"content":{"rendered":"<p><strong>By <u><a href=\"http:\/\/blog.hymarkets.com\/\" target=\"_blank\">HY Markets Forex Blog<\/a><\/u><\/strong> <\/p>\n<p>Stock in the European market started the day in green as investors focus on the US non-farm payrolls report, which is expected to be released later during the day as it may show when the Federal Reserve (Fed) may begin to scale back on its bond-buying program.<\/p>\n<p>The European Euro Stoxx 50 advanced 0.29% to 2,816.66 at the market open, while the German DAX rose 0.24% to 8,430.51. The French CAC 40 jumped 0.25% higher at 4,052.69, while the UK\u2019s FTSE 100 gained 0.23% to 6,697.53.<span id=\"more-2141\"><\/span><\/p>\n<p>The expected US non-farm payrolls report is expected to show an addition of 185,000 jobs to the US employers in the month of July, while the unemployment rate is expected to show a slight fall from previous record of 7.6% to 7.5%.<\/p>\n<p>Earlier this week the central bank said that it would begin to scale back on its monthly bond-buying program if the US economy have boosted.<\/p>\n<p>The Federal Open Market Committee has said it wants to see its target met before proceeding with scaling back with the quantitative easing, with targets 6.5% for unemployment rate and inflation rate at 2.5%.<\/p>\n<p>Spain\u2019s unemployment figures for July showed that unemployment fell by 64,900, compared to previous figures for the month of June with a fall of 127,200, according to reports from Spain\u2019s employment ministry.<\/p>\n<p>Eurozone producer prices are expected to gain up to 0.1% in the month June on a monthly basis, after previous fall of 0.3% in May.<\/p>\n<p>The post <a href=\"http:\/\/blog.hymarkets.com\/world-market-news\/europe-shares-open-green-ahead-of-us-payrolls-report.html\">Europe Shares open green ahead of US payrolls report<\/a> appeared first on <a href=\"http:\/\/blog.hymarkets.com\">| HY Markets Official blog<\/a>.<\/p>\n<p> Article provided by <strong><u><a href=\"http:\/\/blog.hymarkets.com\/\" target=\"_blank\">HY Markets Forex Blog<\/a><\/u><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By HY Markets Forex Blog Stock in the European market started the day in green as investors focus on the US non-farm payrolls report, which is expected to be released later during the day as it may show when the Federal Reserve (Fed) may begin to scale back on its bond-buying program. The European Euro &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/forex-news\/2013\/08\/02\/europe-shares-open-green-ahead-of-us-payrolls-report\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Europe Shares open green ahead of US payrolls report&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-40580","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/40580","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/comments?post=40580"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/40580\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=40580"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=40580"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=40580"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}