"The markets are looking ahead to Friday's monthly US payroll report for market direction. Sep nonfarm payrolls are EXPECTED to CLIMB +150,000, and the Sep unemployment rate is expected to remain UNCHANGED at 4.2%.
The markets are discounting the chances at 100% for a -25 bp rate cut at the November 6-7 FOMC meeting and at 34% for a -50 bp rate cut at that meeting."
[what of Aussie rates and aud?.. really that obvious?]
"The markets are looking ahead to Friday's monthly US...
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Last
8,205.2 |
Change
7.000(0.09%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,198.2 | 8,221.7 | 8,186.1 |
| XJO (ASX) Chart |