Commodities Decline B4 U.S. Employment Report, Euro Drops Below 1.29

“Commodities snapped two days of gains before a report forecast to show the U.S. isn’t adding jobs fast enough to cut the unemployment rate. The euro weakened, while stocks and equity-index futures were little changed.

The Standard & Poor’s GSCI gauge of 24 raw materials slid 0.4 percent at 7:45 a.m. in New York, with copper falling 0.7 percent and oil dropping 0.8 percent. The Stoxx Europe 600 Index rose 0.1 percent and S&P 500 futures added less than 0.1 percent. The euro declined 0.5 percent to $1.2883 as the dollar strengthened against all but two of its 16 major counterparts.”

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