It’s getting close to the time when American voters will have to decide between a continuation of the Trump administration or whether it is time for a change. On Tuesday, they will get a chance to weigh up the two candidates when they go head-to-head in the first televised presidential debate.
Away from the political circus, the latest US unemployment rate is expected to highlight the desperate plight of the American economy. Whilst the jobless rate could show a fifth monthly decline, it is still expected to indicate that 8.3% of the working population were not in gainful employment in September.
Over in the Eurozone, the unemployment rate could have risen for the fifth consecutive month to 8.2% in August. In July, the seasonally-adjusted unemployment rate of 7.9% was the highest since November 2018, despite temporary job-support schemes and the relaxation of some lockdown measures.
Meanwhile, the unemployment rate in Japan could have edged up above 3% for the first time since 2017....