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#China Press/Corporate Summary Ahead of Open 

#PBoC said to have injected #CNY410B into banking system through MLF. It also plans to provide CNY600B liquidity support during upcoming Lunar New Year holiday period. PBoC's chief economist Ma sees #MLF may be used as substitute for #RRR cut.

China approves the first batch of 7 #IPOs under new listing rules.

China said to plan to merge over 40 entities and set up a plane engine group with assets valued CNY145B.

Chinese regulators said to require some banks to limit capital outflows.

Premarket movers:
#Harbin Electric Co 1133.HK -2.7% (profit warning)
- #ZTE Corp 000063.CN +1.9% (prelim FY15 result)
- #Baoshan Iron & Steel Co 600019.CN -2.3% (FY15 result)
- #Huadian Power International Corp 1071.HK +1.9% (2015 result)
- #CNOOC 883.HK -1.9% (2016 target)
- #China Mobile 941.HK -2.2% (Dec result)
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Frequently Asked Question: How to Search by a ticker in the TradeTheNews.com platform.
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Earnings season is around the corner. Check out our earnings calendar tips!
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#TradeTheNews .com #Global #Market Preview: January-February 2016

A Long Time Ago, in a Financial Crisis Far, Far Away

#sP500 #Dow #Oil   #Fed   #Centralbank   #globaleconomy   #Monetarypolicy  #USrates #ecb   #marketnews   #Stockmarketnews   #financialnews   #FXnews   #ratesnews   #curencynews   
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Add an Extra layer to your #headlines by adding highlights for specific stock you care about, #stocks, #strategies, #sectors or 13f/ #Hedgefund holdings
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It's quick and easy to follow the pro's strategy with 13F portfolios. See how to create one now.
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FOMC - Interest Rate Decision
Covering the FOMC decision Live
Covering the FOMC decision Live
forex.tradethenews.com
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US #Mid-Session Update: October US Jobs Report Crushes Expectations


**Economic Data**
- (BR) Brazil Oct IBGE Inflation IPCA M/M: 0.8% v 0.8%e; Y/Y: % v 9.9%e
- (CL) Chile Oct CPI M/M: 0.4% v 0.3%e; Y/Y: 4.0% v 3.9%e; CPI Ex Food and Energy M/M: 0.4% v 0.3%e
- (IN) India Weekly Forex Reserves w/e Oct 30th: $353.6B v $351.5B prior
- (PL) Poland Oct Official Reserves: $100.8B v $101.5B prior
- (BR) Brazil Oct Vehicle Production: 205.0K v 174.2K prior; Vehicle Sales: 192.2K v 200.1K prior
Vehicle Exports: 39.8K v 33.5K prior
- (US) Oct Change in Nonfarm Payrolls: +271K v +185Ke; Change in Private Payrolls: +268K v +169Ke; Change in Manufacturing Payrolls: 0K v -5Ke
- (US) Oct Unemployment Rate: 5.0% v 5.0%e; Underemployment Rate: 9.8% v 9.9%e; Change in Household Employment: +320.0K v -236K prior; Labor Force Participation Rate: 62.4% v 62.4% prior
- (US) Oct Average Hourly Earnings M/M: 0.4% v 0.2%e; Y/Y: 2.5% v 2.3%e; Average Weekly Hours: 34.5 v 34.5e
- (CA) Canada Oct Net Change in Employment: +44.4K v +10.0Ke; Unemployment Rate: 7.0% v 7.1%e
- (CA) Canada Sept Building Permits M/M: -6.7% v +1.5%e
- (MX) Mexico Oct Consumer Confidence Index: 91.3 v 90.0e
- (UK) Oct NIESR GDP Estimate: 0.6% v 0.5% prior

The October jobs report is echoing through global markets this morning, with the greenback at its strongest level since April against major pairs, financial names surging, gold tanking and Fed fund futures reorienting. The 10-year UST yield has surged nearly 10 basis points since the jobs report, to trade 2.325%, the highest level since early July. The chances of a December rate hike as seen in Fed fund futures had been gradually creeping up, and as of today the instrument suggests traders believe there is a 70% chance of a 25 basis point hike at the December FOMC meeting. As of writing, the DJIA down 0.60%, the S&P500 is off 1.0% and the Nasdaq is dropping 0.54%. Note that gold is below $1,100 for the first time since August.

Last month, the September US jobs report had been a big bust, with the low headline nonfarm number and significant revision lower to the August nonfarm figure raising real questions about the state of the US economy, not to mention the viability of Fed pledges for 2015 rate hikes. Today's October jobs report seems to have washed away similar concerns. The +271K nonfarm figure absolutely crushed expectations and pulled the three-month average to +187K, which is just modestly below the +206K average for the year to date.

At this point, the case for a December Fed rate hike is very firm. Dove Evans all but made the case for a hike in a CNBC interview after the jobs data, saying conditions could be ripe for a rate increase and that he goes into each meeting "with an open mind." Evan said while the October jobs report was very good, he still sees a little slack in labor markets and emphasized inflation is where the uncertainty lies. Hawk Bullard hardly bothered talking about the initial rate hike, saying markets have already mostly priced it in, and talked about the healthy FOMC debate over second rate hike.

**Looking Ahead**
- 12:00 (CO) Colombia Central Bank Inflation Report
- 13:00 (US) Weekly Baker Hughes Rig Count data
- 15:00 (US) Sept Consumer Credit: $18.0Be v $16.0B prior
- 16:15 (US) Fed's Brainard participates on IMF Panel on Monetary Policy


#‎stockmarket‬ ‪#‎stock‬ ‪#‎stocknews‬ ‪#‎tradingnews‬ ‪#‎earnings‬ ‪#‎FBnews‬‪#‎earningsseason‬ ‪#‎earningsnews‬ ‪#‎earningseason‬ ‪#‎corporateaction‬‪ #‎Brokerconferences
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