Stocks quiet ahead of US jobs data

Stocks have opened flat this morning ahead of key US weekly jobless claims data.

Stocks quiet ahead of US jobs data

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With investors attention firmly on the issue of inflation, stocks have opened flat this morning ahead of key US weekly jobless claims data. The numbers will be watched for clues re the current state of the US economy and whether the Fed would be prompted to take action earlier than expected. In the last few days Fed officials the central bank’ view that the recent rise in inflation is transitory.

 

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