Tom keene in new york. There was a big surprise from the boe yesterday. Tom i have to tell you, and we will show charts, yields speak to the tensions out there into this mornings jobs report. Francine they certainly do. Then we will go to the boj. Lets go to the bloomberg first word news. More on todays jobs report. The government will issue another solid report later this morning. 180,000 increased by july with the Unemployment Rate falling to 4. 8 from 4. 9 in june. Fornumber of people higher permanent positions in the u. K. Slumped the most in seven years in july, according to a report improvementd the federation. They are calling it a dramatic freefall. The bank of england said the outlook good weekend markedly. In south africa, the chief whip of the Ruling African National Congress Said the party conceded defeat in Nelson Mandela bay. That includes the city of port elizabeth. 98 of the vote counted, nearly 47 of the vote, to 41 for the anc. They are poised to lose control of Johan
It can no longer accept u. S. Customers as market regulators say its trades arent legal. Shanghai composite closed below 2,000 for the first time in three years. It comes at a time when plenty have been talking up chinese Growth Prospects for next year. So well get into that more later. But 1991 is the closing level. This the main one to watch across asia. The nikkei did manage to continue it rally adding about 0. 4 as the yen weakens on comments this morning. Forex, the dollaryen one to watch, 82. 19 is the level there. The aussie dollar doing a little bit abouter despite that weak number on the shanghai composite. Sterling is flat. Well get into that more later. And eurodollar just barely higher today, we did see it rallying over the 1. 30 mark last night. As we look at crude rallying adding a third of a percent. Brent about a quarter of a percent. Copper, were adding 0. 2 . 354 bucks on that contract. The real foe you can as we continue to examine whether chinas economy is fundament
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