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Welcome to the FT Market Minute
Here is what we're watching in London on Monday Morning
Well, US markets will be closed for the labor day holiday
But Wall Street is still influencing global activity
giving this reaction into the last week to the latest jobs data
Fewer than expected positions were created in the world’s biggest economy last month
and that leads traders to assuming slightly less likely that the federal reserve will raise interest rates
at a September meeting in a few weeks time
The dollar is a bit soft on this reasoning, and that's how we support gold prices too
As we know, equity investors tend to like the idea of boring cost being load for longer
So there seem to be a few hundreds closed on Friday less than half percent below its record high
And this is how the week in Asia and Europe, begin with the Frankfurt
European shares are imagining their best levels since early January
while in Asia and Pacific index is the nearlest the best levels in more than a year
Helping on the pin ball ceases its strength in the oil price
As Brent takes its Two-day gain to about five percent
Unfortunately at time of this recording, no one is really too sure what’s causing this latest spike