Markets rally after US jobs report; G7 ministers back Russian oil price cap; pound under pressure – as it happened
by Graeme Wearden from on (#635ZK)
US non-farm payroll rose by 315,000 in August, as hiring slowed after a strong July
World food price fell back in August for the fifth month in a row, helped by the resumption of grain exports from Ukrainian ports.
The United Nations food agency's world price index fell further away from its record highs earlier this year, as commodity food price eased.
....driven by improved production prospects, especially in Canada, the United States of America and the Russian Federation, and higher seasonal availability as harvests continued in the northern hemisphere as well as the resumption of exports from the Black Sea ports in Ukraine for the first time in over five months of interruption.
Continue reading...