The U.S. labor market showed signs of cooling in October, with nonfarm payroll employment remaining essentially flat, adding just 12,000 The post US...
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Maroc - FINANCIALMIRROR.COM - A La Une - 01/Nov 10:02
Markets focus on US jobs data
The US dollar struggled to find demand following mixed macroeconomic data releases on Thursday. The Initial Jobless Claims declined by 12,000 to 216,000 for the week ending October 26, while the Employment Cost Index rose by 0.8% in the third quarter, falling short of the market expectation of 0.9%. The risk-averse market atmosphere, however, helped the USD find a foothold later in the American session. In European markets on Friday, US stock index futures trade in positive territory, pointing to an improving mood. In October, Nonfarm Payrolls are forecast to rise by 113,000 following the impressive 254,000 increase recorded in
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