Funding & Business
RBC's Carrier on Outlook for Jobs Report, Fed Rates
RBC’s Frederique Carrier says “all eyes” are on the nonfarm payroll figures that will come out of the US on Friday. “We expect about 64,000 new jobs, so just below consensus,” Carrier tells Bloomberg Television. She also talks about the Federal Reserve’s interest rate-cutting prospects, saying RBC expects a cut in December “for sure.” (Source: Bloomberg)
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President Luiz Inacio Lula da Silva said Brazil is capable of governing itself without foreign interference, and criticized local politicians who are encouraging “attacks” on the nation.
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An expected move by the world’s top oil-producing nations to once again increase output will set the tone for Asia’s biggest gathering of oil executives this week in Singapore, with chatter about looming oversupply certain to dominate conversations.
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Prime Minister Narendra Modi’s symbolic handshake with President Xi Jinping in China, combined with fresh tax cuts at home, is fueling optimism that Indian equities will finally narrow the gap with their emerging-market peers.
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