Economic wrap: healthy jobs market in the US - Westpac

Analysts at Westpac offered an economic wrap.

Key Quotes:

"US existing home sales fell 0.9% in August (vs +1.1% expected), extending the erratic, positive growth path since 2010. Jobless claims slipped from 260k to 252k last week. Claims are averaging 257k in September, vs 262k in August and 260k in July, continuing to indicate a healthy jobs market.

Economic Event Risks Today

There’s little on the data calendars to ruffle markets, manufacturing PMIs in Europe and the US worth watching though. The Fed’s Kaplan speaks."