investingLive Americas market news wrap: Big beat for non-farm payrolls

AI summary

<ul><li><a href="https://investinglive.com/news/trump-we-may-hit-piackaxe-mountain-very-soon" rel="follow">Trump: Witkoff and Kushner will bring proposal to Putin to end the war</a></li><li><a href="https://investinglive.com/central-banks/cleveland-fed-president-beth-hammack-is-sounding-decidedly-hawkish-on-monetary-policy" rel="follow">Cleveland Fed President Beth Hammack is sounding decidedly hawkish on monetary policy</a></li><li><a href="https://investinglive.com/news/trump-tells-fed-lower-the-rate-or-i-ll-stop-trading-with-countries-with-which-we-have-a-deficit" rel="follow">Trump tells Fed: Lower the rate or I'll stop trading with countries with which we have a deficit</a></li><li><a href="https://investinglive.com/news/canada-employment-change-for-august-41-7k-vs-15-0k-estimate" rel="follow">Canada Employment change for August -41,7K vs 15.0K estimate</a></li><li><a href="https://investinglive.com/news/us-august-non-farm-payrolls-vs-56k-expected" rel="follow">US August non-farm payrolls +162K vs +56K expected</a></li></ul><p>Markets:</p><ul><li>WTI crude oil down $0.01 to $91.30</li><li>US 10-year yields down 1.8 bps to 4.78%</li><li>Gold down $39 to $4433</li><li>AUD leads, JPY lags on the day</li><li>S&P 500 down 0.4%</li></ul><p>The jobs reports from the USA and Canada were the highlights and they diverged with a big win for the US and a miss for Canada, reversing what happened a month ago. The dollar initially jumped on non-farm payrolls, rising around 35 pips acro