Top 5 things to watch in the market in the coming week

by Noreen Burke Investing.com – Investors will be closely watching Friday’s U.S. jobs report to assess the potential for a Fed rate hike economic impact. Several Fed officials are also due to speak this week as markets try to gauge their interest in another official 25 basis point rate at Bank 11 rate hike at the month’s meeting. U.S. stocks looked set to remain volatile after falling for a third straight quarter on Friday. In Britain, investors will be eyeing the Conservative Party’s annual meeting for any signs of a U-turn in the government’s tax-cut budget, sending the pound tumbling and government borrowing costs soaring. Meanwhile, OPEC will reportedly consider sharp production cuts at its upcoming meeting on Wednesday. Here’s what you need to know to start your new week.

250 September employment report 1000400 1000

week Five of the September jobs report will show whether a series of aggressive rate hikes by the Federal Reserve has had an impact on the labor market.

Economists look forward to an economy created by the United States 50065, 0 Employment last month, unemployment rate held steady at

3.7%
and Wage growth remains high. Recent employment data suggest that the labor market remains strong despite a series of sharp interest rate hikes. Another strong jobs report could underscore a more hawkish case How high had to go, which has hit a potentially volatile market hard.

On the other hand, signs that the labor market is slowing could fuel concern that aggressive Fed tightening could sink the economy into recession fears. 16920081000 Fedspeak

2008 2023 Several Fed Policymakers will appear this week, including New York Fed President John John 8849 Williams
, Atlanta Fed President Rafael Boss Tick, Chicago Fed President Charles Evans, San Francisco Fed President Mary Daly and Cleveland Fed President Loretta 1000Grandmaster.

Investors are evaluating another 000 basis points 1000 to raise interest rates

at the Fed’s November meeting. Recent comments from Fed officials suggest they want to see clear evidence of slowing inflation before easing policy tightening.

The Fed’s policy rate is now at 3.%-3.% range, a full 3 percentage points higher than at the beginning, officials expect further rate hikes later this year in 73. The economic calendar also includes data for August 8849Vacancies and for

Survey of manufacturingand8849Serve Industry activity by the Institute for Supply Management is expected to remain solid. 16920222023 stock market volatility 10008849 2008 The market is entering last stop Post-market chaotic third-quarter Friday, weighed down by stubbornly high inflation, rising interest rates and recession fears.

Wall Street fell for three consecutive quarters, the longest losing streak for 500 Standard & Poor’s 52 and Nasdaq

Since 73 and2008 Dow Jones the longest quarterly slump in seven years. U.S. Treasury yields soar into the high-teens as the Fed ramps up monetary policy tightening to contain the worst inflation in decades The highest level in years, hitting stock valuations. Many investors see this madness until there is evidence that the Fed is beating inflation and that policymakers can finally end monetary tightening move will continue. 75

2008 UK market turmoil 2008500 2023 The Conservative Party’s annual meeting starts on Sunday, with market participants watching closely for speeches from party leaders after the new government’s September meeting sparked a market crash “small budget,” which includes plans to cut taxes and pay for it through borrowing. in a few days2008GBP

At record lows, soaring government borrowing costs forced the Bank of England to intervene to stem the market rout.

Bank of England pledges to buy dollars Billion (£ billion) long-term gilts have calmed the market for now, but it’s too early to say the rout is over. The Bank of England is now in the midst of a plan to delay bond issuance, leading to monetary easing while tightening with interest rate hikes.

in November, expected further rate hikes and said it would stick with its plan to sell bonds.

Investors say the government will have to work hard to restore confidence. 500

8849 OPEC meeting 20081000 2022 Oil exporters and allies including Russia will meet at OPEC on Wednesday Headquarters in Vienna met to finalize production quotas for November.
Earlier Sunday, Bloomberg reported that the panel would consider 75 in oil price Against the backdrop of falling and volatile markets, production was cut by more than 1 million barrels per day . 500 After the Russian invasion of Ukraine in February, oil prices surged, but has since fallen back with concern about the impact of aggressive monetary tightening on the global growth outlook. A stronger dollar also weighed on prices. – Reuters contributed to this report