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The Fed is very gradually edging towards a rate hike. While it didn’t happen yet, the bar is lower. A gain of 150K will probably be sufficient, below the 200K expected in previous months. Wage growth acceleration is also not really needed. The US dollar momentum could be derailed if the headline dips under 100K. Note the unemployment rate, but only for political reasons.

Video preview of the big event, scheduled for October 7th at 8:30 EST, 12:30 GMT: