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Hurricanes Harvey, Irma sink U.S. payrolls in September (news: 06/10/17)

Today's press

  • WASHINGTON (Reuters) - U.S. employment fell in September for the first time in seven years as Hurricanes Harvey and Irma left displaced workers temporarily unemployed and delayed hiring, the latest indication that the storms undercut economic activity in the third quarter.

  • UK house prices rose at their fastest rate for eight months in September as buyers shrugged off Brexit uncertainty and fears of a slowdown in consumer spending, according to one of Britain’s biggest mortgage lenders.

  • LONDON (Reuters) - Britain’s pound rose from four-week lows against the dollar on Friday, after Prime Minister Theresa May hit back at a plot to topple her by saying she would provide “calm leadership” to the country.

  • Investing.com – Canada’s unemployment rate fell in September as the economy created less jobs than forecast, according to official data released on Friday.

  • It's sort of like the quiet tension before a battle. That's how Jean-Pierre Rupp, a developer at bitcoin wallet provider Blockchain, described the current state of Segwit2x development. With the code labeled "production ready," and the work of contributors like Rupp nearly complete, the main step left is the activation of the code, scheduled for late November.

Next trading day's important events

Forex quotes:

  • USDJPY: 113.21
  • EURUSD: 1.1716

Indices:

  • S&P 500: 2548.79
  • NASDAQ: 6584.59

 

Attention:

Forecasts which are made in the review constitute the personal view of the author. Commentaries made do not constitute trade recommendations or guidance for working on financial markets. Alpari bears no responsibility whatsoever for any possible losses (or other forms of damage), whether direct or indirect, which may occur in case of using material published in the review.

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