每日议程：美国就业占据了聚光灯

今天的劳动业局部部门举行了7月，是宏观情绪和货币政策制定的关键措施。然而，越来越多的债券市场指标明确表明，不管具体的时序，投资者通常会辞职为美联储之前的联邦储备率。在大多数情况下，债券市场耸了耸肩上周发布的出乎意料的薄弱就业成本指数被债券市场耸耸肩，这表明美联储的霍基希评论比数据变形更加摇摆。在大多数其他发展中国家中央银行中剩下的留下副偏见，投资者面临的潜在更重要的问题不是喂养将收紧，而是什么影响政策制定者之间的分歧将意味着全球市场动态。

U.S. labor market continues to improve.July nonfarm payrolls expanded by 215,000, according to a Department of Labor report released this morning, roughly in line with consensus forecasts. June payroll data was revised upward, while both the headline unemployment rate and participation rate remained unchanged. Employment growth improved across most industry segments, led by retailing and health care.

Euro zone industrial production data disappoints.六月的德国工业产业产量为1.4％的月份，与共识预测适用于适度扩张。周四强劲的6月新订单发布后，德国工厂的短缺尤其令人惊讶。与此同时，法国产量截至6月份，截至先前的月份报告的水平也将达到0.1％。

Carl Icahn为LNG出口运营商进行了移动。Icahn Associates公司，由传奇控制的投资公司Activist Investor Carl Icahn昨天透露了8.2％的股份占Cheniere能量的股份。基于休斯敦的Cheniere专注于liquid natural gas market并且即将在路易斯安那州的Sabine通行证码头开始在未来几个月内发货。

中国股票在一周内结束了一周。上海综合指数在周五结束交易，充分发达当天在媒体报告额外2万亿元（3220亿美元）设施的一周内持续返回，当局正在考虑进入中国证券财政公司的额外设施。今天的国家控制中国铁路信号和通讯公司的首次公开发售今天在香港被投资者长时间接受，尽管在指定范围的下端近端定价，但仍然是恒生指数。这标志着自从近来的第一个主要的IPOsell-off in mainland-listed shares始于6月下旬。

SNB货币储备命中历史级别。周五公布的数据显示瑞士s National Bank (SNB) the central bank’s foreign currency reserves rose to record levels in July soaring by 3 percent to exceed $540 billion. Despite abandoning thecap on Swiss franc appreciation1月份，在近期对欧元和美国美元的衰落之后受益于储备的大大积累。

投资组合视角：在澳门摇滚赌博工业摇晃-Neil Tisdall, Scotiabank

全球博彩收入明显落后于此crackdown on corruption and money laundering by the Chinese government。Macau has been particularly affected, with gaming revenues in the Chinese Special Administrative Region expected to slump by one third this year to the lowest since 2010. This represents a dramatic change from recent years, as gaming revenue had surged ten-fold since U.S. casinos were granted permission to operate in Macau in 2003. Revenue from gaming and entertainment in Las Vegas has advanced around 3 percent per year since 2011, but represents only a fraction of what Macau is capable of generating each year.Macau gaming receiptstotaled $43 billion in 2014 compared with almost $6.5 billion in Las Vegas.

尽管澳门院村庄周围的不确定性，但全球经济条件普遍支持博彩行业。新兴亚洲的增长，澳门及其邻近地区的一个至关重要的市场，应在十年结束时预先推出6-7％，尽管中国增长放缓，但仍然产生积极的经济背景。

美国赌场的主要美国赌场运营商去年从澳门房产中得出了大约三分之二的总收入。若干运营商在澳门的所谓VIP敞口，他们在北京强制反腐败措施后缩减了他们的赌博或将他们的业务转移到其他司法管辖区的赌场。如果高赌注赌徒无法或不愿返回澳门，新加坡和菲律宾都有可比的赌场选择，其中包括几百万美元发展的家园。除了新加坡的重大发展，澳门以外的美国赌场业绩最小。远离世界上最大的赌博中心的转变将导致美国运营商的重大不变。

For the most part, U.S. based casino operators have suffered curtailed earnings to start the year, owing to sharp reductions in revenue from their holdings in Macau and mixed results stateside. Uncertainty will be a continuing theme in Macau as investors and high rollers alike wait for clarity, although long-term prospects for gaming on the peninsula remain upbeat given the size of the domestic Chinese market and the rapidly expanding middle class across developing Asia.

Neil Tisdall is an economist with苏格兰人in Toronto.