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Private sector created nearly 15,000 jobs a week over the past month, preliminary ADP data shows
Private sector employers added an average 14,250 jobs per week over the past four weeks, according to new preliminary data being released by ADP, a turnaround from the negative September numbers. Stepping into the void created by the government shutdown, ADP will now release a four-week average week
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EUR/USD steadies as shutdown fears weigh on Dollar
Dollar pressured as Senate fails to secure votes to avert looming October 1 government shutdown.US job openings steady, while confidence survey highlights growing household pessimism on labor and business outlook.Fed officials split on policy path, balancing downside risks to jobs against persistent
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RBA holds rates steady as inflation heats up and growth outperforms
The Reserve Bank of Australia holds its cash rate steady at 3.6%, in line with expectations. The cautious stance reflects concern over rising headline CPI inflation. As it stands, we think the probability of a rate cut at the November meeting has meaningfully diminished. The Aussie dollar remains su
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USD/CNH holds near 7.13 amid mixed PMIs – BBH
USD/CNH consolidates near 7.1300 amid mixed Chinese PMI data, with the downtrend intact as structural growth challenges persist, BBH FX analysts report, BBH FX analysts report. Chinese data fails to alter USD/CNH downtrend "USD/CNH is directionless around 7.1300. China’s September PMIs were mixed. T
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Wait and see
The week started with minor gains in US and European equities, despite fresh tariff threats from Donald Trump and no material progress on talks to avoid a US government shutdown. The S&P 500 and Nasdaq traded flat, just a touch below their all-time highs, while the US 10-year yield fell on safe-
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