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Published on Friday, September 4, 2015 | Updated on Friday, September 4, 2015

Market Comment | Volatility continues to lead global markets

US jobs data below expectations. US non-farm payrolls increased less than expected in August (173K; consensus: 217K) after revision of previous data (245K from 215K), while the change in manufacturing payrolls surprised negatively by falling more than expectations (by 29K to -17K; consensus: 5K). Meanwhile, the unemployment rate decreased more than estimated (to 5.1% from 5.3%; consensus: 5.2%). German […]