Out of the U.S
It was a particularly busy week on the economic data front.
Key stats included September consumer confidence, ADP nonfarm, Manufacturing PMIs, weekly jobless claims, and labor market data.
Factory orders for August were also in focus at the end of the week.
Finalized 4th GDP and consumer sentiment figures, August inflation, trade, and personal spending data had a muted impact in the week.
The stats were skewed to the positive. Consumer confidence and ADP numbers impressed, with the weekly jobless claims seeing a decline in late September.
With personal spending on the rise, marginally softer growth in the manufacturing sector was the only negative ahead of Friday’s stats. The ISM Manufacturing PMI slipped from 56.0 to 55.4. While the headline figure was negative, the employment sub-index jumped from 46.4 to 49.6.
At the end of the week, the U.S labor market and factory order figures