GBP:
The pound has slumped to a 10-month low after the yes campaign took the lead in
the opinion polls just 10 days before the Scottish independence vote.
Westminster leaders will on Monday scramble to agree an offer of more powers to
Scotland if it remains within the union in an effort to prevent a yes vote in
next week’s referendum.

The surge of support for independence also sent jitters through the stock
market, as shares in companies with large Scottish interest suffered sharp

GBP:
The pound has slumped to a 10-month low after the yes campaign took the lead in
the opinion polls just 10 days before the Scottish independence vote.
Westminster leaders will on Monday scramble to agree an offer of more powers to
Scotland if it remains within the union in an effort to prevent a yes vote in
next week’s referendum.

The surge of support for independence also sent jitters through the stock
market, as shares in companies with large Scottish interest suffered sharp
falls in early trading.

EUR: 
Mario Draghi signalled last week that the ECB will inject  700
billion euros ($906 billion) of stimulus for the  struggling
European  economy and left a fight with Germany over sovereign-bond
purchases for another day. Pledging to “significantly steer” the European
Central Bank’s balance sheet back toward the 2.7 trillion euros of early 2012
from 2 trillion euros now. 

The ECB president announced a final round of interest-rate cuts and a plan to
buy privately owned securities. His mission is to revive inflation in the
18-nation euro area. 

With euro-area inflation languishing at 0.3 percent last month, a fraction of
the ECB’s 2 percent goal, and Draghi saying price expectations are worsening,
policy makers unexpectedly cut interest rates. The benchmark and deposit rates
were reduced by 10 basis points to 0.05 percent and minus 0.2 percent,
respectively. 

USD: 
American employers hired fewer workers than forecast in August and the jobless
rate dropped because people left the workforce. Bolstering those on the
Federal Reserve who want to be more cautious when removing monetary
stimulus. The 142,000 advance in payrolls was smallest this year and lower than
the most pessimistic estimate from economists after a revised 212,000 gain in
July.

The unemployment rate fell to 6.1 percent last month from 6.2 percent,
reflecting a drop in joblessness among teenagers. Employers who boosted head
counts in the first half of the year may be more restrained in their hiring as
they await even faster economic growth.

Fed Chair Janet Yellen will leverage on the report to help discern the extent
of slack in the labour market as the fed pulls  back record monetary
stimulus, while keeping interest rates low at the same time. 

Key
Announcements: 

09:30 BST- EUR- Sentix Investor Confidence expected to be lower
at 2.0

20:00 BST- USD- Consumer credit change (July) increase
to 17.35B from 17.26B 

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