4th November 2024

  • Fed and Peers to Go Ahead With Rate Cuts After US Vote: Eco Week

20 central bank decisions scheduled as Americans go to polls

Fed, BOE, Riksbank may cut, while jumbo Brazil hike expected

https://blinks.bloomberg.com/news/stories/SMDT2QDWLU68

  • US Payrolls Increase by Just 12,000, Hit by Storms and Strikes

October hiring weakest since 2020, prior months revised down

Unemployment rate held at 4.1%, not distorted by hurricanes

https://blinks.bloomberg.com/news/stories/SM9XVRDWX2PS

  • US Manufacturing Activity Falls to Lowest Level Since July 2023

ISM’s factory index dropped to 46.5 in October

Production index monthly drop was most since April 2021

https://blinks.bloomberg.com/news/stories/SM9YU1NQ9PMY

  • Fed On Track for Rate Cut After Weak Jobs Data, Hiring Markdowns

Payrolls rose just 12,000, disrupted by hurricanes and strike

Downward revisions to prior months’ data evidence of slowing

https://blinks.bloomberg.com/news/stories/SM8G6WT1UM0W

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