ChainCatcher Messages: The U.S. Non-Farm Payroll data for September will be released tonight at 20:30. The market expects new job creation to slow significantly.
Although ADP data has rebounded and initial jobless claims remain low, the job market has not stalled.
Inside the Federal Reserve, hawks and doves are sharply divided. Expectations for a rate hike in October are cooling, and tonight’s report is key to the policy path.
Although ADP data has rebounded and initial jobless claims remain low, the job market has not stalled.
Inside the Federal Reserve, hawks and doves are sharply divided. Expectations for a rate hike in October are cooling, and tonight’s report is key to the policy path.