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11 Oct 2019

Canada: Economy likely to add 5k jobs in September – TD Securities

Analysts at TD Securities are looking for the Canadian economy to add 5k jobs during September, in line with the market consensus for a 6k increase, on the heels of a massive 88k print for August.

Key Quotes

“Details should prove largely downbeat, with private employment projected to contract on the month while the unemployment rate is expected to edge higher by 0.1pp to 5.8% (market: 5.7%). Wage growth should be the one bright spot, with average hourly earnings forecast to hold at 3.8% y/y.”

Oct 11, 2019

JP Morgan now sees a 50% chance of a Brexit deal to be struck

Amid increased expectations that a Brexit deal will be reached, the US investment bank JP Morgan’s one of the key Brexit watchers also expected a Brex
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Oct 11, 2019

US Dollar Index Technical Analysis: The 55-day SMA at 98.36 expected to hold the downside

Dollar Index Spot Overview Today last price 98.61 Today Daily Change 23 Today Daily Change % -0.11 Today daily open 98.72 Trends Daily SMA20 98.8 Dai
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