In the UK, the labour market report for September is due to be released, where consensus is for an unchanged reading of the unemployment rate at 4.3%, while wage growth is likely to stay muted, despite the low unemployment level, according to analysts at Danske Bank.
“After yesterday's panel debate between the Fed's Janet Yellen, the ECB's Mario Draghi, the BoE's Mark Carney and the BoJ's Haruhiko Kuroda brought little news regarding the future direction of monetary policy, markets will again watch out for any comments from the ECB's Peter Praet at the closing panel of the ECB's conference on central bank communication today.”
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