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Week Ahead for FX, Bonds: U.S. Midterms, Jobs Data in Focus; BOE Expected to Raise Rates

(The Wall Street Journal) --"Canadian jobs data for October are due Friday. These will give a picture of the health of Canada's economy after the Bank of Canada recently raised interest rates by 25 basis points. Money markets price a 55% chance of a back-to-back increase in December, LSEG data showed." Nick Rees, head of macro research at Monex, expects that underlying inflation is too soft and the labor market too weak to justify another hike, he said in a note.