Canada, British Columbia Launch $5 Billion Infrastructure Partnership to Boost Housing, Transit, and Healthcare 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
US Stock Futures Jump on Reports of Preliminary US-Iran Peace Deal Despite Fed’s Hawkish Outlook 
Asian Currencies Stabilize as Dollar Holds Near Two-Month High After Fed Hawkish Signal 
ASX Proposes New Share Dilution Limits for Public Takeovers 
German Industry Employment Falls to Lowest Level in a Decade 
Asian Stocks Rally as Japan and South Korea Reach Record Highs on US-Iran Peace Deal 
Asian Stocks Surge as Oil Prices Fall and Strong US Dollar Weighs on Markets 
Oil Prices Drop as U.S.-Iran Peace Deal Eases Supply Concerns 
Mexico's unemployment rate remained flat in August with respect to the one observed in July. This was mainly driven by an unexpected increase in the participation rate of almost 80bp in seasonally adjusted data reaching 60.1% in August.
Underemployment also stayed constant at 8.2% in sa terms, while the labor informality rate slightly increased. The main message of this report is that employment continues to grow, but the new entrants are maintaining a relatively important level of slack in the labor market.
"Contractual wages increased 4.6% y/y in August, while under low inflation, real wages are still recovering this year giving support to the domestic demand. So far, the unemployment rate has improved 50bp in a year, so at this pace, the economy could be reaching "full employment" (3.5%) by the end of the next year - if the economy continues growing at least close to 2.4% y/y",says Barclays.
