Mexico Moves to Increase Tariffs on Asian Imports to Protect Domestic Industries 
Hong Kong Cuts Base Rate as HKMA Follows U.S. Federal Reserve Move 
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Asian Currencies Hold Steady as Indian Rupee Slides to Record Low on Fed Outlook 
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Brazil Holds Selic Rate at 15% as Inflation Expectations Stay Elevated 
Oil Prices Edge Higher as U.S. Seizes Sanctioned Venezuelan Tanker 
The United States’ unemployment rate is expected to remain stable at 4.4 percent and monthly growth in wages of 0.3 percent. Given the uncertainties, it seems likely that a weak outturn will probably be seen by both markets and Fed policymakers as giving little new insight into underlying economic trends.
The monthly labor market report is normally seen as a key indicator of the state of the US economy. September readings, however, may be severely distorted by the impacts of hurricanes Harvey and Irma. As a result, analysts are penciling in forecasts for September payrolls more than 100k below the average monthly increases seen in recent years.
"We forecast a rise of 60k based on a temporary negative effect similar to that from the 2005 hurricanes. Other parts of the report are likely to be less impacted," Lloyds Bank commented in its latest research report.
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