Market WATCh Weekly 22 October 2021

Market WATCh Weekly 22 October 2021

October 22, 2021

Domestically, job vacancies rose in September, while payroll jobs picked up towards the end of that month helped by a gain in New South Wales ahead of the end of the Greater Sydney lockdown. The easing of COVID-related restrictions over east helped push the PMI composite back into expansion.
Offshore, the Chinese Q3 GDP and September activity data disappointed, while steel output fell to the lowest level in over three years. US industrial production also saw a surprisingly large fall in September.

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