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Markets are jittery after yesterday's Wall Street crash
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US employment seen rising 1.4 million in August
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Canadian unemployment rate seen dropping to 10.2%
Global stock markets are jittery after yesterday's panic sell-off on Wall Street. European stock futures point to a slightly lower opening of today's cash session. German factory orders data for July released at 7:00 am BST failed to shore up sentiment showing 2.8% MoM increase against expected 5% MoM increase. Factory orders were 7.3% lower year-over-year.
Today's calendar is all about jobs data. Reports from the United States and Canada will be released at 1:30 pm BST. US report is on the watch following a lacklustre ADP release on Wednesday. Should official data confirm continued slowdown in labour market recovery, indices could remain under pressure.
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Create account Try a demo Download mobile app Download mobile app1:30 pm BST - US, NFP report for August.
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Employment change. Expected: 1400k. Previous: 1763k
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Unemployment rate. Expected: 9.8%. Previous: 10.2%
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Wage growth. Expected: 4.5% YoY. Previous: 4.8% YoY
1:30 pm BST - Canada, labour market report for August.
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Employment change. Expected: 300k. Previous: 418.5k
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Unemployment rate. Expected: 10.2%. Previous: 10.9%
6:00 pm BST - US oil rig count. Previous: 180
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