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Establishment Survey +173K Jobs, Private Jobs +140,000; Unemployment Rate 5.1% Initial Reaction The establishment survey came in a weaker than expected 173,000 job. The Bloomberg Consensus estimate was 223,000 jobs. However, the preceding two months were revised up by 44,000 and wages were strong.
The ECB’s stubborn mule, a Downbeat Draghi, is Ready to Beef Up Quantitative Easing Package . The euro and eurozone government bond yields plunged on Thursday after the ECB president indicated it stood ready to extend the “size, composition and duration†of its €1.1tn bond-buying programme.“We are observing a weakening of the prospects of the Chinese economy,†Mr Draghi said.
View original post here: Third Quarter GDP Model Inches Up to 1.5% on Auto Strength
See original article: Lebanon Protest Leaders Reveal Connections To Western Color Revolution Apparatus
Continue reading here: Interest Rates and Bond Yields: Where are They Headed? September Hike Ideal? Is the Bond Bull Market…
Tweet Stefan Rahmstorf has been having fun analyzing Bjorn Lomborg’s scientific publication record. Â Stefan has not been impressed, 20 publications, 54 total citations and an h index of 3 using the Thompson Reuters Web of Science
Read the original: Beige Book Highlights: Will They or Won’t They? Still Undecided?
View original post here: Canada in Recession with Two Consecutive Quarters of Negative Growth
Libya would serve as a springboard for US-NATO aggression elsewhere throughout the Middle East and North Africa (MENA) region, including Syria itself. Image : Northern Syria. Syrian forces and Kurdish militias have all but sealed off Syria’s border with NATO-member Turkey