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Story summary
- Markets brace for the U.S. labor market report, covering non-farm payrolls, unemployment, and hourly earnings, with an expected 800,000 payroll downward revision.
- The Goldman Sachs Group, Inc. forecasts 45,000 jobs and a 4.4% unemployment rate, while Citigroup Inc. (Citi) and Bank of America Corp. (BofA) foresee a similar weakening.
- As markets await the report, the U.S. dollar has weakened and gold and silver prices have risen.
