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US jobs growth likely to return toward this year's average pace - BBH

Research Team at BBH, suggests that barring a significant surprise, investors will most likely look through today's US employment report. 

Key Quotes

“Most look for US jobs growth to return toward this year's average pace (~178k) from overshooting it the past three months (average 192k).  However, what this means is that the market is looking for a little improvement over September's 156k. 

Internals are important.  There is some chance, largely due to rounding, some are looking for the unemployment rate to slip back to 4.9% from 5.0%.  Average hourly earnings are expected to rise by 0.3%.  If so, that would keep the year-over-year pace at 2.6%, slight ahead of the CPI.   The average work week is stable at 34.4 hours.” 

GBP/USD outlook shifted to bullish, eyes on 1.2620 – UOB

GBP/USD could advance to the 1.2620/25 band, according to the FX Research team at UOB Group. Key Quotes “While we anticipated a higher GBP, the pace
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CAD: Employment and trade data in focus today – RBC CM

Economists at RBC Capital Markets, are close to consensus in projecting a 10K decline in Canada’s employment in October following a 67K gain in Septem
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