Spain Unemployment Change above expectations (17.9K) in September: Actual (26.1K)

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Oct 2, 2015

Gold down for sixth consecutive session

Gold prices declined for the sixth consecutive session on Friday as investors anticipate an upbeat September payrolls number along with an upward revision of the previous month’s figure.

EUR: ECB’s rate reductions can lower long-term yields – Goldman Sachs

Research Team at Goldman Sach’s, suggest that the policy rate instrument in the Euro area has a sizeable impact on long-end rates, especially in the current environment of forward guidance and the ECB rate reductions can lower long-term yields as a supplement to QE (even if further rate cuts are not our base case expectation).