dollar and oil fall on recovery doubts
jobs report rekindled doubts canada goose coats on sale about the strength of recovery yet failed to confirm widespread fears the economy is dipping back into recession. Treasuries slipped after many investors concluded the jobs report was not as bad as had been feared, leading to a mild bout of profit cheap canada goose uk taking.
The unemployment rate fell as discouraged Canada Goose Coats On Sale American workers Canada Goose Parka dropped out of the labor force, but a modest rise in private employment tempered worries of a double dip canada goose clearance recession. economy failed to come true.
all canada goose black friday sale the gloom and doom before canada goose uk outlet the report, you could say it wasn as bad as it canada goose uk shop could have been, but it probably not a positive for the economy, said Robert Yawger, senior vice president, energy futures at MF canada goose coats Global in New York. factory products dropped by Canada Goose sale the sharpest since the depth of the recession and fell for the Canada Goose Jackets first time in nine months. stocks. The S 500 canada goose clearance sale 50 day moving average broke below its 200 day Canada Goose Online moving average, a development known as the cross.
Volume on Friday was among the worst five days of the trading year, with many participants leaving early for the long Fourth of July holiday weekend.
Global shares ended at break even, however. canada goose The index lost 4.3 percent for the week. economy is already sliding into a double dip recession, Julian Jessop, fixed income strategist at Capital Economics, said about the data. economic data. crude oil futures slipped 81 cents, or 1.11 percent, to settle at $72.14 a barrel, the weakest close buy canada goose jacket cheap since June 8.
ICE Brent crude oil futures fell Followers us canada goose sale https://www.canadagooseparks.com 69 cents, or 0.95 percent, to settle canadian goose jacket at $71.65, the weakest close since May 25.
Gold prices rebounded on technical strength and bargain uk canada goose outlet hunting after double dip recession canada goose factory sale fears triggered the biggest losses in six weeks on Thursday. Independence Day weekend. gold buy canada goose jacket futures for August delivery canada goose uk black friday settled $1 higher at $1,207.70 an ounce, but ended cheap Canada Goose the week nearly 4 percent lower. bond prices were mixed. The benchmark 10 year note was down 9/32 in price to yield Canada Goose Outlet 2.98 percent. Treasury note was flat at 0.63 percent.
uncertain response in bonds suggests the employment report was a difficult read. There a lot of mixed data in there, said Kim Rupert, managing uk canada goose director of global fixed income analysis at Action Economics LLC in San Francisco. recovery. recovery. recovery is losing steam, said Greg Salvaggio, vice president of trading at Tempus Consulting Canada Goose online in Washington.
The euro was up 0.19 percent at $1.2541.
Against the yen, the dollar was up 0.22 percent at 87.79.
Reporting by Chuck Mikolajczak, Wanfeng Zhou, Robert canada goose store Gibbons and Burton Frierson in New York; Ikuko Kurahone in London; Lucia Mutikani in Washington; Writing by Herbert Lash; Editing by Jan Paschal.