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Australia jobs preview: NAB sees 20,000 gain, unemployment steady at 4.6%

With NAB, Westpac and consensus all at 20,000 and three major banks seeing unemployment at 4.6%, the bar for a surprise sits mainly in the jobless rate. A drop to 4.5% would revive the case for further RBA tightening and could support the Australian dollar and short-dated yields. A rise to 4.7% would push the other way, adding weight to the view that four hikes are already doing enough. NAB’s…

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investingLive Americas market news wrap: Hot CPI upends markets

US September CPI 3.7% vs 3.6% expected Canada August building permits rise 8.8% vs 2.0% expected Fed's Beige Book: Nine of 12 districts report growth as price pressures broaden Fed’s Goolsbee: CPI was discouraging, more bad months would be unacceptable Markets: WTI crude oil up 98-cents to $95.12 US 10-year yields down 2.3 bps to 5.19% Gold down $54 to $4103 USD leads, GBP lags S&P 500 down 1.2%…

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