by ogordained

Today marks the beginning of the five-day festival of Diwali, when Hindus worship Lakshmi, the goddess of wealth. It’s considered good fortune to buy gold

UNITED STATES

• The jobs report released Friday beat expectations nicely (Actual 250 | Expected 200)
  • Women are entering the workforce at a record rate, outpacing men
  • Hourly wage growth exceeded 3% for the first time in 9 years
• Stocks prices are starting to look attractive again with many pricing in close to zero earnings growth ahead

OTHER

• Full-time employment in Canada came in higher than expected (Actual 33.9| Expected 20)
  • The unemployment rate remains at multiyear lows
  • However, wage growth is slowing
• US sanctions were lifted on Turkey, giving a boost to the lira
• As of today, Venezuelans will be able to purchase the government’s mysterious cryptocurrency, the petro
• Iranians protested, chanting the classic “death to America” when sanctions against its oil and banking industries were reimposed on Sunday

CHINA

• Outlook uncertain