This post was originally published on this site.The data focus is the labour marekt report for September in Australia. I’ll have more to come on this separately, but for now, an earlier preview: Thursday’s jobs data is tipped to show unemployment steady at 4.6%, the highest since 2021 AUD remains captive to war developments, rising inflation in the US weighed on it overnight: investingLive Americas market news wrap: Hot CPI upends markets Again, I’ll have more to come on this separately.  This article was written by Eamonn Sheridan at investinglive.com.

This post was originally published on this site. US September CPI 3.7% vs 3.6% expected Canada August building permits rise 8.8% vs 2.0% expected Fed’s Beige Book: Nine of 12 districts report growth as price pressures broaden Fed’s Goolsbee: CPI was discouraging, more bad months would be unacceptable Markets: WTI crude oil up 98-cents to $95.12 US 10-year yields down 2.3 bps to 5.19% Gold down $54 to $4103 USD leads, GBP lags S&P 500 down 1.2% The US CPI report threw gasoline on the debate about an October rate just as the Fed nears the blackout period. Market pricing...