Non-farm payrolls shake up markets, here are the top 3 scenarios of what could happen.
British Prime Minister Theresa May will make an unannounced trip to Brussels to meet key negotiators of Brexit, accompanied by David Davies, the British minister in charge of negotiating with the European Union. They are expected to meet with Michel Barnier, European Union commissioner as well as Jean Claude Junker, President of the European Commission.
US inflation figures rose in September to their highest level in eight months, with the consumer price index up by 0.5%, after rising by 0.4% in August. The rise is the largest since January, and the index rose on a yearly basis to 2.2% in September from 1.9% in August.
Global stocks rose for the fourth consecutive day on Friday in light of expectations for the growth of the world economy, while the performance of the US dollar is the worst for five weeks as the markets watched US inflation data.
Jean Claude Junker, President of the European Commission, made the following statement:
US jobless claims fell to their lowest levels in more than a month last week as claims continued to fall in both Texas and Florida as a result of hurricanes Harvey and Irma.
The following are highlights of the monthly report issued by the International Energy Agency:
Michel Barnier, head of the European Commission, made the following statement:
British Prime Minister Theresa May declined to comment on whether she would vote in favor of Brexit in other referendum, and avoided more than once answering an issue that determines the fate of future generations in Britain. Although she spoke of a promising Brexit since she took power last year, she quietly supported staying in the EU in the run-up to the June 2016 referendum.
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