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ForexForexLive

US employment cost index for Q3 +0.8% vs +0.8% expected

Prior quarter was +0.9% Employment benefits +0.9% vs +1.0% prior quarter Employment wages +0.7% vs +0.9% prior quarter The US Employment Cost Index (ECI) increased by 0.8% q/q in the third quarter, with both wages and salaries and benefit costs contributing to the increase. Wages and salaries rose 0.7%, while benefit costs increased 0.9% compared with the previous quarter. On an annual basis,…

ForexForexLive

Canada GDP for August 0.0% vs 0.2% estimate

Prior Month 0.0% Details of the Canada GDP for the month of August: August real GDP: 0.0% MoM. Prior 0.0%. September advance estimate: -0.1% MoM. Q3 preliminary growth indication: +0.3% QoQ, not annualized. Breadth: 9 of 20 industrial sectors expanded in August. Services-producing industries: -0.1%. Goods-producing industries: +0.1%. Key August sector details: Retail trade: +1.2%, led by motor…

CommodityOilPrice.com

Brent Hits $117 as Tanker Catches Fire in Strait of Hormuz

Tensions in the Middle East are escalating again as a tanker was reported on fire after explosive devices were attached to its hull while the vessel was attempting to transit outbound in the Strait of Hormuz. The UK Maritime Trade Operations (UKMTO), which is affiliated with the Royal Navy, said in a warning notice that it had received a third report on Thursday that a tanker transiting outbound…

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