New Overnight Developments Abroad: Anticipating A Smaller Drop in U.S. Jobs

November 6, 2009

Markets are positioned for a less dire labor market report from the United States due at 13:30 GMT.  Forecasts center on a 175K decline of jobs in October and a 9.9% unemployment rate. In the meantime, Canada reported worse-than-forecast labor statistics for last month.  Jobs, which had been expected to climb 10K on top of increases [...]

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