Week Ahead  | Apple - Research Coverage Global markets were mostly lower on Friday, with  the US market (S&P 500 index -0.03%) ending the session flat as the much anticipated jobs report for the month of August missed. US nonfarm payrolls increased by 235,000 jobs in August, well off economists surveyed who were expecting 720,000 jobs and down from the revised higher +1.053m in July. While the figures are a sizeable miss, the effects of the Delta variant were evident with covid-sensitive sectors such as leisure and hospitality driving the weaker numbers. The weaker figures are unlikely to sway the Fed from tapering asset purchases at the end of the year, although most analysts now expect an announcement in November. The USD continued to push lower on the news, with the NZD and AUD outperforming again. This saw economically sensitive stocks fall heavily, which their losses were offset by rise in Tech and other defensive sectors – the...