dollar strugglesThe labour department said Friday that fewer jobs than expected were created in the world’s top economy in September.The news left all three main indexes on Wall Street in negative territory and sent the dollar lower against the yen Friday.However, analysts said the figures were unlikely to prevent the Federal Reserve lifting interest rates by year’s end. Analysts said it was unclear if the sudden plunge was down to a computer generated sell-off or other reasons but saw Brexit at the root of it.Trump crisisIn share trading, Shanghai, which was closed last week for a national holiday, was up 0.5 percent, while Sydney gained 0.3 percent and Jakarta put on 0.3 percent. "This is dangerously close to the election, so it’s harder for him to recover," AMP Capital Investors’ Oliver said. "It tends to be the case that when it looks more likely that Clinton will win, markets tend to rally. Much will depend on the debate and we will be watching how Trump handles the issue in the debate and what Clinton makes of it.

Source: The Nation Bangkok October 10, 2016 02:48 UTC