THE DATA
  • The monthly GDP growth rate came in better than the market expectation. The growth of 0.2% in September followed a 0.1% decline in the month of August.
  • The employment rate continued to grow at a solid pace adding 79.5 thousand people into the labour force against a marker expectation of 10 thousand.
  • The Unemployment rate also strengthened to 5.9 % from 6.3%
THE REACTION
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