MOST IMP !!!
FED MINUTES: MOST OFFICIALS SEE ANOTHER RATE HIKE BY YEAR-END
All Fed participants backed September’s 25bp rate hike, while most judged another increase would likely be appropriate by year-end, minutes show.
Almost all saw inflation risks tilted to the upside.
BULLISH FOR MARKET
U.S. PAYROLLS BADLY MISS EXPECTATIONS
U.S. nonfarm payrolls rose just 29,000 in September vs. 84,000 expected, while the unemployment rate increased to 4.2% vs. 4.1% forecast.
Private payrolls gained only 46,000, while government employment fell 17,000.
JUST IN:
US State Department spokesman: Trump described the meeting with the Iranians as good and put a clear choice in front of them
This is imp for market !!
UK Public Sector Net Borrowing (GBP) Aug: 18.3B (est 15.5B; prev 1.8B; prev R 2.0B)
- PSNB Ex Banking Group: 18.3B (prev 1.8B; prev R 2.0B)
- Public Finances (PSNCR): 10.0B (prev -29.0B; prev R -26.8B)
- Central Government NCR: 10.0B (prev 2.8B; prev R 3.0B)