After volatile intraday trading, European shares trade little changed. In the US, equities opened flat, ignoring a disappointingly poor US payrolls report.
The Ukrainian government and representatives of the Russian‐backed rebels agreed today to a ceasefire, a rebel group set on Twitter, which was later on confirmed by Ukrainian President Poroshenko. The ceasefire will start at 15h GMT.
The August US non‐farm payrolls report disappointed, showing an increase in hiring by only 142 000, sharply below the consensus estimate of 230 000. The unemployment rate dropped lower to 6.1%, in line with expectations.
The Nato states started discussions to form a military coalition to fight Isis, the FT reports, adding that they are considering a broad range of options of which part will be direct military force.
Vacancies at British firms rose at the strongest pace in more than 16 years last month but the number of appointments slowed, figures from the Recruitment and Employment Confederation showed today, suggesting that firms are struggling to hire the right people.
This non-exhaustive information is based on short-term forecasts for expected developments on the financial markets. KBC Bank cannot guarantee that these forecasts will materialize and cannot be held liable in any way for direct or consequential loss arising from any use of this document or its content. The document is not intended as personalized investment advice and does not constitute a recommendation to buy, sell or hold investments described herein. Although information has been obtained from and is based upon sources KBC believes to be reliable, KBC does not guarantee the accuracy of this information, which may be incomplete or condensed. All opinions and estimates constitute a KBC judgment as of the data of the report and are subject to change without notice.
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