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Strong NFP result expected in October - TD Securities

FXStreet (Łódź) - Annette Beacher, Head of Asia-Pacific Research at TD Securities expects anothe rmonth of robust US job gains in October.

Key quotes

"A number of indicators suggest another strong month for the US labour market, including strength in the employment subcomponents of the ISM surveys, cyclical lows in claims and better-than-expected ADP private payrolls."

"We are broadly in line with consensus in expecting 239k jobs created in October and the unemployment rate unchanged at 5.9%."

"We suspect that momentum spillover from Q3 to Q4 will continue to support job growth into year-end."

Chile Consumer Price Index (Inflation) (MoM) increased to 1% in October from previous 0.8%

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