FTSE China A50 index futures up 0.28% at open

FTSE China A50 index futures up 0.28% at open

FTSE China A50 Index futures opened up 0.28% on July 2, 2025, following a mixed week for global markets. The opening was influenced by a variety of factors, including the expiration of Trump's 'reciprocal' tariff pause and the latest jobs data from the United States.

The U.S. economy added a stronger-than-expected 147,000 jobs in June, with the unemployment rate falling to 4.1% [1]. However, the private sector unexpectedly lost 33,000 jobs, missing expectations for an increase of 115,000 [2]. The conflicting data has led to confusion among investors, with some viewing the job gains as a positive sign of economic strength, while others are concerned about the unexpected job losses in the private sector.

Additionally, the expiration of Trump's 'reciprocal' tariff pause has created uncertainty in the markets. The pause was set to expire on July 1, and its removal could lead to increased tariffs on certain goods, potentially affecting trade and economic growth [3].

The FTSE China A50 Index futures opening up 0.28% reflects the ongoing uncertainty and mixed signals from the U.S. jobs data. Investors are closely monitoring the situation to gauge the potential impact on global markets and the Chinese economy.

References:
[1] https://www.cnn.com/markets/premarkets
[2] https://www.cnn.com/markets/premarkets
[3] https://www.cnn.com/markets/premarkets