The U.S. dollar fell against major currencies after the jobs report was weaker than expected. According to a report on the results of August, the number of people employed in non-agricultural sectors increased by 169 thousand , while the figure for the previous month was revised down to 104 thousand from 162 thousand According to experts , the value of this index would grow in August to 181 thousand note that the latest report shows that the recovery in the labor market is gaining momentum and potentially complicate plans by the Federal reserve to begin to reduce the amount of its asset-purchase program . Meanwhile, the report showed that despite the revision and a smaller increase in the number of employed, the unemployment rate fell in August to a level 7.3% from 7.4 % in July.

Earlier, the dollar rose against the euro, which was partly due to the release of weak data on Germany. Preliminary data , which were announced today by the Federal Statistical Office or Destatis, showed Germany's trade surplus narrowed in July . Exports of goods decreased by 1.1 % m / m in July , while imports increased by 0.5 %. The adjusted trade balance of the country amounted to 14.5 billion euros in July , which was below the expectations of experts at the level of 15.9 billion dollars. The trade balance for June was revised up to 15.8 billion euros from 15.7 billion previously .

In addition , the pressure on the European currency had data on industrial production . As it became known , the volume of industrial production in Germany fell in July 2013 by 1.7 % compared with the previous month , when its growth was 2 %. This decline was the highest since April 2012 . Analysts had expected a decline in the index of only 0.3%.

Value of the pound against the dollar earlier fell against the background of large amounts of data across Britain , which, in general, were worse than expected .

The Office for National Statistics reported that up to July, the amount of British industrial production remained unchanged, while the trade deficit has increased significantly . It should be noted that experts predict the volume of production in the industrial sector , accounting for about one-sixth of the British economy should have grown by 0.2 %. We also add that the figure for the previous month was revised upwards from 1.1 % to 1.3 %.

Meanwhile, it was reported that the production in the manufacturing sector grew in July by 0.2 %, compared with a forecast of 0.4 %. The last reading was also much lower than the growth the previous month - by 2.0 % , which was revised up from 1.9 %.

Experts point out that in recent months traced surprisingly strong signs of recovery of the British economy. Against this background , it is expected that the growth in the third quarter to continue and accelerate its growth as compared to the second quarter, in which the economy grew by 0.7 %. The Bank of England last month pledged to keep interest rates unchanged until the unemployment rate falls to 7%, and according to the latest data , there is a possibility that rates could rise as early as next year.

In addition, we note that even some data presented today showed that the deficit in trade in goods of Great Britain rose to 9.85 billion pounds in July , after a sharp decline in June - to 8.2 billion Many experts predicted that the deficit will increase slightly - to the level of 8.2 billion from 8.1 billion , which was originally reported last month .

The Canadian dollar was higher against the U.S. dollar , supported by strong labor market data and the index of business activity. According to the latest data , which were presented earlier by Statistics Canada , at the end of last month, the number of jobs has increased substantially , almost twice the estimates of experts , which followed after a significant decline in July.

The report showed that the Canadian economy added 59,200 new jobs last month, after a decline of 39,400 jobs in July . According to economists, the number of employees had increased by 30.2 thousand Meanwhile, adding that the biggest surprise for many was the decline in the unemployment rate - to the level of 7.1% from 7.2 % in July. Many traders did not predict any change in the level of unemployment.

As the results of studies that have been presented by the Association of Purchasing Managers Canada and the Richard Ivey School of Business , at the end of last month Managers Index rose , climbing above 50 , indicating that purchasing activity in Canada has grown since July.

According to the report , the August PMI rose to a level of 51.0 , up from 48.4 in July. It is worth noting that many experts had expected growth of this index to 55.1 .

European stocks rose to a three-week high, completing their biggest weekly gain since April, as investors bet that any tapering of Federal Reserve stimulus will be more gradual than previously anticipated.

In the U.S., data showed that payrolls climbed at a slower-than-forecast pace in August, fueling speculation the Fed will not rush into large-scale trimming of bond purchases. The gain of 169,000 workers last month followed a revised 104,000 increase in July that was smaller than initially estimated, Labor Department figures showed in Washington. The median forecast of 96 economists surveyed by Bloomberg called for an August increase of 180,000. Still, unemployment dropped to 7.3 percent, the lowest since December 2008, as more people left the labor force.

National benchmark indexes rose in 14 of the 18 western European markets. The U.K.’s FTSE 100 added 0.2 percent, France’s CAC 40 climbed 1.1 percent and Germany’s DAX advanced 0.5 percent.

Sonova advanced 3.6 percent to 110 Swiss francs, its highest price since April 16. UBS raised its rating on the shares to buy from neutral, citing growth prospects in its hearing-implants business.

Air France-KLM Group climbed 4 percent to 6.16 euros as the airline said the number of passengers increased 3 percent in August from a year earlier.

A gauge of travel and leisure companies advanced 0.5 percent. Thomas Cook Group Plc rallied 6.3 percent to 147.4 pence and EasyJet Plc added 1.5 percent to 1,255 pence.

ProSiebenSat.1 slid 1.1 percent to 30.78 euros after TMG said late yesterday sold its entire stake of 13.1 million shares, or about 6 percent, in the company to institutions. KKR & Co. and Permira Advisers LLP sold 25 million shares of ProSiebenSat.1 earlier this week.

Voestalpine AG slid 1.3 percent to 34.05 euros. Bank of America Corp.’s Merrill Lynch unit downgraded Austria’s biggest steelmaker to neutral from buy, citing a recent rally that has led to limited potential for a price increase. The stock gained 37 percent in the four months through August.

West Texas Intermediate crude rose for a second day as Russian President Vladimir Putin said his nation will assist Syria if it’s attacked, raising concern that escalating tension will disrupt Middle East oil exports.

Prices climbed as much as 1.8 percent. Putin said that Russia may resume deliveries of advanced S-300 anti-aircraft missiles to Syria if U.S. President Barack Obama carries through on a threat to punish Syrian President Bashar al-Assad for allegedly using chemical weapons against civilians.

Russia, one of Assad’s main international allies, sent an amphibious assault ship to join its forces off the Syrian coast in the east Mediterranean, Interfax news agency reported.

“Will we help Syria? We will,” Putin told reporters today after discussing the Syrian issue with Obama and other world leaders at the Group of 20 summit in St. Petersburg, Russia. “We are already helping them with weapons and we are cooperating in the economic and humanitarian spheres.”

Crude also gained on speculation that the Federal Reserve will limit its stimulus reduction following slower-than-expected jobs growth. Prices also climbed as the Labor Department said non-farm payrolls grew 169,000 last month, less than 180,000 median forecast of 96 economists. The move followed a revised 104,000 rise in July that was smaller than the initial estimate of 162,000.

The unemployment rate, derived from a survey of households rather than employers, dropped to 7.3 percent, the lowest level since December 2008. The participation rate, which indicates the share of working-age people in the labor force, declined to 63.2 percent, the least since August 1978, from 63.4 percent.

WTI for October delivery gained $1.73, or 1.6 percent, to $110.10 a barrel at 11:16 a.m. on the New York Mercantile Exchange. Prices are up 2.3 percent this week. Volume of all futures was 3.7 percent below 100-day average.

Brent for October settlement rose 91 cents, or 0.8 percent, to $116.17 a barrel on the ICE Futures Europe exchange. The volume of all futures traded was near the 100-day average.

Gold prices recovered after close to two-week low , but it will likely show up to a week decline the second consecutive week amid increasing expectations that the Fed will soon begin to reduce the program of buying bonds.

Incentives Fed was the main cause of the rise in gold prices in recent years, and since the beginning of this year, gold fell by 18 percent because of weather minimize incentives.

However, the data released today by the U.S. labor market showed that employers in August have created 169,000 new jobs in July - only 104,000 . This suggests that the labor market recovery is not gaining momentum, which may complicate the plans of the Federal Reserve System in respect to minimize the program to stimulate the economy .

In late August, gold rose to a maximum of three months or about $ 1,433 due to fears that the United States will strike a missile attack against Syria, but then the market was distracted by geopolitical issues and drew attention to the state of the U.S. economy.

Physical market participants are seeing an increase in buyer activity in India and expect growth of purchases in the next week , as the government explained the new import rules . Demand for gold in India - its largest consumer - reaches its peak in August and September on the eve of a succession of events , most of which will be the festival of lights in November.

The import of gold was one of the main reasons for a record trade deficit of India , so the government raised the import duty on precious metal to a record high of 10 percent.

The cost of the October gold futures on COMEX today rose to $ 1393.0 per ounce.

EUR/USD $1.3050, $1.3100, $1.3130, $1.3150, $1.3200, $1.3250, $1.3300

USD/JPY Y98.00, Y98.25, Y98.70, Y99.00, Y100.00, Y100.50, Y101.00

EUR/JPY Y129.00, Y129.60

GBP/USD $1.5365, $1.5455, $1.5495, $1.5500, $1.5530, $1.5650

USD/CHF Chf0.9375, Chf0.9385Chf0.9400, Chf0.9450, Chf0.9500

EUR/CHF Chf1.2300, Chf1.2310

AUD/USD $0.9000, $0.9020, $0.9100, $0.9200

AUD/JPY Y89.05

NZD/USD $0.7750, $0.7770

USD/CAD C$1.0475, C$1.0545, C$1.0570, C$1.0600

U.S. stock-index futures rose after data showed payrolls climbed less than projected in August, as investors weighed whether the Federal Reserve will reduce stimulus measures at its next policy meeting.

Global Stocks:

Nikkei 13,860.81 -204.01 -1.45%

Hang Seng 22,621.22 +23.25 +0.10%

Shanghai Composite 2,139.99 +17.56 +0.83%

FTSE  6,553.14 +20.70 +0.32%

CAC  4,030.47 +23.67 +0.59%

DAX 8,268.82 +33.84 +0.41%

Crude oil $109.36 +0.91%

Gold $1387.80 +1.01%

Upgrades:

Downgrades:

Other:

Apple (AAPL) target raised to $600 at Evercore

Facebook (FB) target raised to $55 from $40 at Sun Trust Rbsn Humphrey

Data

00:00 G20 G20 Meetings

05:00 Japan Leading Economic Index July 107.2 107.9 107.8

05:00 Japan Coincident Index July 105. 106.9 106.4

05:00 Japan BoJ monthly economic report September

06:00 Germany Current Account July 17.3 14.0 14.3

06:00 Germany Trade Balance July 15.7 15.9 14.5

06:45 France Consumer confidence August 82 83 84

06:45 France Trade Balance, bln July -4.4 -4.5 -5.1

07:00 United Kingdom Halifax house price index August +0.9% +0.7% +0.4%

07:00 United Kingdom Halifax house price index 3m Y/Y August +4.6% +5.6% +5.4%

07:00 Switzerland Foreign Currency Reserves August 434.9 433.2 434.2

07:15 Switzerland Industrial Production (YoY) Quarter II +3.0% +1.5% -4.2%

07:15 Switzerland Consumer Price Index (MoM) August -0.4% 0.0% -0.1%

07:15 Switzerland Consumer Price Index (YoY) August 0.0% 0.0% 0.0%

08:30 United Kingdom Industrial Production (MoM) July +1.3% Revised From +1.1% +0.2% 0.0%

08:30 United Kingdom Industrial Production (YoY) July +1.2% -1.7% -1.6%

08:30 United Kingdom Manufacturing Production (MoM) July +2.0% Revised From +1.9% +0.4% +0.2%

08:30 United Kingdom Manufacturing Production (YoY) July +2.0% -0.7% -0.7%

08:30 United Kingdom Consumer Inflation Expectations Quarter III +3.6% +3.2%

08:30 United Kingdom Trade in goods July -8.2 Revised From -8.1 -8.2 -9.9

10:00 Germany Industrial Production s.a. (MoM) July +2.0% Revised From +2.4% -0.3% -1.7%

10:00 Germany Industrial Production (YoY) July +0.1% Revised From +2.0% +0.6% -2.2%

The dollar rose against the euro, which was partly due to the release of weak data on Germany. Preliminary data , which were announced today by the Federal Statistical Office or Destatis, showed Germany's trade surplus narrowed in July . Exports of goods decreased by 1.1 % m / m in July , while imports increased by 0.5 %. The adjusted trade balance of the country amounted to 14.5 billion euros in July , which was below the expectations of experts at the level of 15.9 billion dollars. The trade balance for June was revised up to 15.8 billion euros from 15.7 billion previously .

In addition , the pressure on the European currency had data on industrial production . As it became known , the volume of industrial production in Germany fell in July 2013 by 1.7 % compared with the previous month , when its growth was 2 %. This decline was the highest since April 2012 . Analysts had expected a decline in the index of only 0.3%.

Meanwhile, we add that the strengthening of the dollar helped by the fact that market participants are waiting for new data from the U.S. labor market , which may affect the decision of the Federal Reserve System on the timing and pace of clotting incentive programs . According to the median forecast of economists , the number of new jobs created in the U.S. will grow up in August at 181 thousand against 162 thousand increase in July. The Ministry of Labor will report today and the official unemployment rate , which according to preliminary estimates of analysts, at 7.4 %, which would be the lowest since December 2008 .

Value of the pound against the dollar has declined against the publication of large amounts of data across Britain , which, in general, were worse than expected .

The Office for National Statistics reported that by the end of July the volume of British industrial production remained unchanged, while the trade deficit has increased significantly . It should be noted that experts predict the volume of production in the industrial sector , accounting for about one-sixth of the British economy should have grown by 0.2 %. We also add that the figure for the previous month was revised upwards from 1.1 % to 1.3 %.

Meanwhile , it was revealed in production in the manufacturing sector grew in July by 0.2 %, compared with a forecast of 0.4 %. The last reading was also much lower than the growth the previous month - by 2.0 % , which was revised up from 1.9 %.

Experts point out that in recent months traced surprisingly strong signs of recovery of the British economy. Against this background , it is expected that the growth in the third quarter to continue and accelerate its growth as compared to the second quarter, in which the economy grew by 0.7 %. The Bank of England last month pledged to keep interest rates unchanged until the unemployment rate falls to 7%, and according to the latest data , there is a possibility that rates could rise as early as next year.

In addition, we note that even some data presented today showed that the deficit in trade in goods of Great Britain rose to 9.85 billion pounds in July , after a sharp decline in June - to 8.2 billion Many experts predicted that the deficit will increase slightly - to the level of 8.2 billion from 8.1 billion , which was originally reported last month .

EUR / USD: during the European session, the pair fell to $ 1.3103

GBP / USD: during the European session, the pair fell to $ 1.5562

USD / JPY: during the European session, the pair fell to Y99.48

At 12:30 GMT Canada is to release data on unemployment for August, and the change in the number of employees in August. Also at this time the U.S. will report on the unemployment rate and the change in the number of employed in non-farm payrolls for August. At 14:00 GMT Canada will present from Ivey PMI index for August, while the UK will release data on the change in GDP from NIESR for August. At 19:00 GMT the U.S. Treasury Department released a report on the currency. In Russia will meet G20.

EUR/USD

Offers $1.3250/60, $1.3220/25, $1.3200, $1.3180, $1.3140/55

Bids $1.3100, $1.3090/85, $1.3080-50, $1.3025/20, $1.3000

GBP/USD

Offers $1.5675/85, $1.5645/50, $1.5614

Bids $1.5570/65, $1.5555/50, $1.5525/20, $1.5510/00

AUD/USD

Offers $0.9300, $0.9250, $0.9220, $0.9200, $0.9180

Bids $0.9100, $0.9080, $0.9050

EUR/GBP

Offers stg0.8570, stg0.8550/55, stg0.8520, stg0.8455/65

Bids stg0.8400, stg0.8398, stg0.8380, stg0.8350

EUR/JPY

Offers Y132.20, Y131.80/00, Y131.45/50, Y130.95/00

Bids Y130.50, Y130.00, Y129.80, Y129.50

USD/JPY

Offers Y100.80, Y100.50, Y100.30, Y99.95/00

Bids Y99.50, Y99.00, Y98.50

European stocks were little changed, with the benchmark gauge heading for a weekly gain, as investors awaited a report on U.S. payrolls to gauge the outlook for Federal Reserve stimulus. U.S. index futures and Asian shares were also little changed.

The Stoxx Europe 600 Index slid less than 0.1 percent to 304.36 at 9:37 a.m. in London. The gauge has rallied 2.4 percent so far this week, snapping two weeks of losses, as the European Central Bank affirmed its accommodative monetary policy and Chinese manufacturing in August surpassed estimates. Standard & Poor’s 500 Index futures added less than 0.1 percent today, while the MSCI Asia Pacific Index slipped less than 0.1 percent.

A U.S. Labor Department report at 8:30 a.m. in Washington may show employers increased payrolls at a faster pace in August. Payrolls climbed by 180,000 last month, compared with 162,000 in July, economists forecast.

ProSiebenSat.1 slid 1.3 percent to 30.71 euros after TMG said late yesterday sold its entire stake of 13.1 million shares, or about 6 percent, in the company to institutions. KKR & Co. and Permira Advisers LLP sold 25 million shares of ProSiebenSat.1 earlier this week.

Voestalpine AG slid 1.7 percent to 33.92 euros. Bank of America Corp.’s Merrill Lynch unit downgraded Austria’s biggest steelmaker to neutral from buy, citing a recent rally that has led to limited potential for a price increase. The stock gained 37 percent in the four months through August.

Sonova advanced 3.3 percent to 109.70 Swiss francs, its highest price since April 16. UBS raised its rating on the shares to buy from neutral, citing growth prospects in its hearing-implants business.

FTSE 100 6,523.43 -9.01 -0.14%

CAC 40 4,002.66 -4.14 -0.10%

DAX 8,214.46 -20.52 -0.25%

EUR/USD $1.3050, $1.3100, $1.3130, $1.3150, $1.3200, $1.3250, $1.3300

USD/JPY Y98.00, Y98.25, Y98.70, Y99.00, Y100.00, Y100.50, Y101.00

EUR/JPY Y129.00, Y129.60

GBP/USD $1.5365, $1.5455, $1.5495, $1.5500, $1.5530, $1.5650

USD/CHF Chf0.9375, Chf0.9385Chf0.9400, Chf0.9450, Chf0.9500

EUR/CHF Chf1.2300, Chf1.2310

AUD/USD $0.9000, $0.9020, $0.9100, $0.9200

AUD/JPY Y89.05

NZD/USD $0.7750, $0.7770

USD/CAD C$1.0475, C$1.0545, C$1.0570, C$1.0600

Asian stocks dropped, snapping a six-day advance and paring the regional benchmark index’s biggest weekly gain since July, as investors await the monthly American jobs report.

Nikkei 225 13,860.81 -204.01 -1.45%

Hang Seng 22,621.22 +23.25 +0.10%

S&P/ASX 200 5,144.99 +2.48 +0.05%

Shanghai Composite 2,139.99 +17.56 +0.83%

Sumitomo Realty & Development Co.  sank 1.4 percent as Japanese developers retreated ahead of a decision this weekend on whether Tokyo will host the 2020 Olympics.

SoftBank Corp.  fell 2.2 percent after competitor NTT DoCoMo Inc., Japan’s largest mobile-phone carrier, was said to be near an agreement to offer Apple Inc.’s iPhone.

BBMG Corp., a cement company, rose 3.4 percent in Hong Kong after announcing a share sale.

00:00 G20 G20 Meetings

05:00 Japan Leading Economic Index July 107.2 107.9 107.8

05:00 Japan Coincident Index July 105. 106.9 106.4

05:00 Japan BoJ monthly economic report September

The dollar was set for a second weekly advance against the euro as 10-year Treasury yields reached 3 percent for the first time since 2011 before data forecast to show U.S. employers added jobs at a faster pace. U.S. Labor Department data will probably show today nonfarm payrolls rose by 180,000 in August, up from an increase of 162,000 in July, according to the median forecast of economists surveyed by Bloomberg News. The unemployment rate is estimated to have held at 7.4 percent, the lowest since December 2008.

Government figures showed yesterday jobless claims in the U.S. fell by 9,000 to 323,000 in the week ended Aug. 31, less than the lowest estimate of economists surveyed by Bloomberg.

The euro fell for a second day versus the yen before figures that will probably show industrial production slowed in Germany and Spain. Industrial production in Germany, the euro region’s biggest economy, expanded 0.9 percent in July from a year earlier, compared with a 2 percent increase the prior month, economists forecast before the release of the government data today. A separate report from Spain is projected to show factory output declined 1.3 percent the same month.

Japan’s currency rallied against the dollar, halting a four-day slide that was the longest losing streak in two months, as stocks declined.

EUR / USD: during the Asian session the pair rose to $ 1.3135

GBP / USD: during the Asian session, the pair rose to $ 1.5615

USD / JPY: during the Asian session the pair fell to Y99.70

Friday sees another busy calendar on both sides of the Atlantic, with the US employment report undoubtedly the stand-out. The calendar gets underway at 0600GMT, with the release of the German second quarter labour costs data and the July trade data. French data is due at 0645GMT, with the expected release of the July foreign trade numbers and the August consumer confidence data. Spanish data will be released at 0700GMT, when the July industrial output numbers will be published. Switzerland's August CPI data will be released at 0715GMT. The G20 meeting continues in St Petersburg, Russia, with Syria likely to continue dominating the headlines. Further German data is expected at 1000GMT, when the July industrial output numbers will be published.

GOLD 1,368.40 -21.20 -1.53%

OIL (WTI) 108.34 1.11 1.04%

Nikkei 225 14,064.82 10,95 0,08%

Hang Seng 22,596.63 270,41 1,21%

S & P / ASX 200 5,142.51 -19,12 -0,37%

Shanghai Composite -5,19 -0,24 2,122.43%

FTSE 100 6,532.44 +57.70 +0.89%

CAC 40 4,006.8 +26.38 +0.66%

DAX 8,234.98 +39.06 +0.48%

DJIA 14,937.90 6.99 0.05%

S&P 500 1,655.01 1.93 0.12%

NASDAQ 3,658.78 9.74 0.27%

(pare/closed(00:00 GMT +02:00)/change, %)

EUR/USD $1,3117 -0,65%

GBP/USD $1,5588 -0,22%

USD/CHF Chf0,9449 +0,99%

USD/JPY Y100,16 +0,39%

EUR/JPY Y131,40 -0,23%

GBP/JPY Y156,11 +0,18%

AUD/USD $0,9130 -0,35%

NZD/USD $0,7885 -0,10%

USD/CAD C$1,0505 +0,10%

00:00 G20 G20 Meetings

05:00 Japan Leading Economic Index July 107.2 107.9

05:00 Japan Coincident Index July 105. 106.9

05:00 Japan BoJ monthly economic report September

06:00 Germany Current Account July 17.3 14.0

06:00 Germany Trade Balance July 15.7 15.9

06:45 France Consumer confidence August 82 83

06:45 France Trade Balance, bln July -4.4 -4.5

07:00 United Kingdom Halifax house price index August +0.9% +0.7%

07:00 United Kingdom Halifax house price index 3m Y/Y August +4.6% +5.6%

07:00 Switzerland Foreign Currency Reserves August 434.9 433.2

07:15 Switzerland Industrial Production (YoY) Quarter II +3.0% +1.5%

07:15 Switzerland Consumer Price Index (MoM) August -0.4% 0.0%

07:15 Switzerland Consumer Price Index (YoY) August 0.0% 0.0%

08:30 United Kingdom Industrial Production (MoM) July +1.1% +0.2%

08:30 United Kingdom Industrial Production (YoY) July +1.2% -1.7%

08:30 United Kingdom Manufacturing Production (MoM) July +1.9% +0.4%

08:30 United Kingdom Manufacturing Production (YoY) July +2.0% -0.7%

08:30 United Kingdom Consumer Inflation Expectations Quarter III +3.6%

08:30 United Kingdom Trade in goods July -8.1 -8.2

10:00 Germany Industrial Production s.a. (MoM) July +2.4% -0.3%

10:00 Germany Industrial Production (YoY) July +2.0% +0.6%

12:00 U.S. FOMC Member Charles Evans Speaks

12:30 Canada Unemployment rate August 7.2% 7.2%

12:30 Canada Employment August -39.4 30.2

12:30 U.S. Average workweek August 34.4 34.5

12:30 U.S. Average hourly earnings August -0.1% +0.2%

12:30 U.S. Unemployment Rate August 7.4% 7.4%

12:30 U.S. Nonfarm Payrolls August 162 181

14:00 United Kingdom NIESR GDP Estimate August +0.7%

14:00 Canada Ivey Purchasing Managers Index August 48.4 55.1

17:30 U.S. FOMC Member Esther George Speaks