Market comment

Amidst global equity market sell-off, US job openings data are key today


The sell-off in global equity markets has continued overnight, with the S&P 500 down 4.1% and European indices set for sharp declines this morning. With fears that wage pressures will feed the Federal Reserve’s tightening cycle, today’s US job openings data will receive extra attention. Vacancies fell to 5.88m but are expected to bounce-back in December, illustrating the tightening of the US labour market.

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Feb 6 2018, 08:40 GMT