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Turkey: October unemployment rate in focus today - TDS

Prashant Newnaha, Rates Strategist at TD Securities, notes that key macro news due on the cards today from Turkey.

Key Quotes:

“TRY October unemployment rate is due today. The September print that came in at 10.6%, but little sway on markets is expected from this print as the more important rate decision (we expect the CBRT on a hold) is due on this coming Thursday.”

Turkey 3mth quarterly jobless average declined to 10.3% in October from previous 10.6%

Turkey 3mth quarterly jobless average declined to 10.3% in October from previous 10.6%
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GBP/USD eyes 1.3836 the Feb 2016 low en route 1.4000 - Commerzbank

In the view of Karen Jones, Analyst at Commerzbank, the GBP/USD pair still holds further potential towards the Feb 2016 low of 1.3836. Key Quotes: “
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