- As widely expected, the Reserve Bank of India kept its key rate steady at 4%. The repo rate began the year at 5.15%, and it was cut to 4.0% in two steps by May, where it has stood.
- Sterling wobbled following the UK claims that the EU was adding last-minute demands in its negotiations.
- The immediate focus today is on the jobs report. The Bloomberg survey found a median forecast of a 475k increase, including the loss of 65k government employees, largely accounted for by census workers.
For further details see:
The Employment Report May Not Give Greenback Much Of A Reprieve