The Traderszone Network

Published in TZ Latest News 2 September, 2015 by The TZ Newswire Staff

Futures up as China fears ease; U.S. private jobs data eyed

Friday’s job numbers is the last monthly employment report before the U.S. Federal Reserve meets on Sept. 16-17, when an announcement on interest rates is widely expected. The U.S. central bank has said it will raise rates only when it sees a sustained recovery in the economy, with a key focus on labor and inflation. Wall Street closed sharply lower on Tuesday, with renewed concerns about China’s economy pushing major indexes down almost 3 percent and intensifying fears of a long-term selloff.