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Anticipated rebound in Canadian jobs - TDS

FXStreet (Bali) - TD Securities FX Tea calls for a slightly higher than consensus Canadian employment report, with 25k rise vs 20k market expectation.

Key Quotes

"The market consensus calls for a 20k gain in September jobs, more than reversing the disappointing 11k drop seen in August. TD calls for a slightly higher 25k rise in employment. But the anticipated rebound will do little to alter the picture of sluggish job growth on a trend basis. A 20k rise would take the six month average gain in jobs to 6.3k and the 12 month average gain to 8k; a 25k gain would produce averages of 7.2k and 8.4k respectively. That compares with August's six month pace of 10.2k and a 12 month clip of 6.8k. In January, these trends stood at 15.3k and 12.2k respectively (and 22k and 17.8k respectively in September last year)."

Japan Consumer Confidence Index registered at 39.9, below expectations (42.2) in September

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