Ken Odeluga and Global Growth

City Index: The report showed that U.S. employment growth slowed in January, undercutting the case for a further rise in U.S. interest rates in March, according to Euro News. It just adds to the picture … of uncertainty with respect to global growth, rather than giving us some reassurance, Ken Odeluga, market analyst at City Index, said. Trading was choppy following a U.S. jobs report which disappointed market consensus, with the U.S. non-farm payrolls figure coming in lower than expected at 151,000, as opposed to an expected increase of 190,000. The blue-chip FTSE 100 index <.FTSE> turned to trade lower, closing 0.9 percent lower at 5,848.06 points, in line with the broader European market. Analysts said that some aspects of the report were more encouraging, muddying the picture of the strength of the U.S. economy. The commodity-heavy index was pegged back as the dollar rallied, causing metals prices to drop. (news.financializer.com). As reported in the news.