ASX to dip ahead of jobs report; Stimulus stand-off saps Wall St

Summary

• Wall Street dropped again overnight as stalled stimulus talks continued to frustrate investors. Mixed bank earnings, and strong virus numbers also weighed on sentiment
• SPI futures are down 0.2% and hint at an early slide for the ASX 200
• RBA governor Philip Lowe is set to deliver a speech at 9am AEDT titled The Recovery from a Very Uneven Recession. He is speaking at the Citi Australia and New Zealand Annual Investment Conference
• September Labour Force data is due from the ABS at 11.30am AEDT. Unemployment is tipped to rise by 40,000 and the unemployment rate lift from 6.8% to 7%