Decline in payrolls growth confirms labour market loosening, cements Fed pause

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'Dollar consolidates gains, bonds maintain losses after break-out in oil prices overshadowed the rise in US unemployment rate to 3.8% in August,' note

on hold Tuesday/Wednesday. SG house view: Chile CB to cut 100bp tomorrow and Poland to launch easing cycle on Wednesday with a 25bp cut to 6.50%. CPI from Mexico, Chile, Hungary also on agenda."

"China: existing home sales in Beijing jumped 100% to 1,200 units on Saturday from a week before according to Security Journal following lower minimum down payment and easing mortgage restrictions."Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.

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