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每日晨读金融时报|英语口语听力|原文及实用单词短语

每日晨读金融时报 11Oct2022 英语口语听力 附原文及实用单词短语

11 Oct 2022

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【今日单词】复习 scrutinise /ˈskruːtɪnʌɪz/verbexamine or inspect closely and thoroughly."customers were warned to scrutinize the small print"------------------------原文如下:The day in the marketsby Ian Johnston(来自:The Financial Time 金融时报)What you need to know• US stocks fall after report shows persistently strong jobs growth• Labour market seen as a key influence on decision-making by the Fed• Europe’s regional Stoxx 600 share gauge closed down 1.2 per centUS stocks fell sharply yesterday after a closely watched labour market report pointed to persistently strong jobs growth in the world’s largest economy.The S&P 500 was down 2.2 per cent by midday in New York, after data showed that US employers added 263,000 new jobs in September, down from 315,000 in August but above the figure of 250,000 anticipated by economists polled by Reuters.The Nasdaq Composite, which is full of technology shares that are more sensitive to changes in interest rate expectations, fell 3 per cent.Yesterday’s report from the US Bureau of Labor Statistics also showed that the rate of unemployment had dropped unexpectedly to 3.5 per cent, from 3.7 per cent a month earlier.Investors have scrutinised jobs data in recent months for clues about the future direction of US monetary policy. The temperature of the labour market is seen as a key influence on decision-making by the Federal Reserve, with signs of robustness typically fuelling expectations that the central bank will continue with aggressive interest rate rises.Futures markets were yesterday pricing in the probability of the Fed raising interest rates by 0.75 percentage points in November, which would mark the fourth consecutive increase of such magnitude.The central bank’s current target range stands at 3 to 3.25 per cent.“Today’s job number is a hawkish reading, with almost all the elements of the report moving in the wrong direction for the Fed,” said Seema Shah, chief global strategist at Principal Global Investors.Europe’s regional Stoxx 600 share gauge closed down 1.2 per cent.In government bond markets, the yield on the 10-year US Treasury note added 0.03 percentage points to 3.85 per cent. The 10-year UK yield rose 0.07 percentage points to 4.23 per cent. Bond yields rise as their prices fall.“It’s too early to expect a pivot at the Fed level,” said Gergely Majoros, a member of the investment committee at Carmignac, ahead of the release of Friday’s data. “The bar is so high. We’d need a labour market that’s weaker, inflation coming down, some stress in the market or some sort of accident. We’re not there yet.”The dollar advanced 0.1 per cent against a basket of six peers. The pound slipped 0.2 per cent against the greenback to $1.137, remaining well above the record low of $1.035 it fell to at the start of last week, after chancellor Kwasi Kwarteng’s “mini” Budget. 

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