Global Markets on High Alert for Key Economic Releases
The third quarter of the year is coming to an end, and investors are shifting their focus to key economic releases, including US payrolls, inflation data, and central bank policy announcements. The Eurozone and Japan will also release price data, providing insight into the global interest rate outlook.
The final quarter of the year begins with bond markets feeling the impact of geopolitical tensions, fiscal concerns, and heavy investment in artificial intelligence. Global borrowing costs have risen to their highest levels since the 2007-08 financial crisis, while major stock indexes remain close to record highs.
The US jobs report for September is due on Friday and will be closely watched for clues on the Federal Reserve's next rate move. Economists expect around 100,000 new jobs to have been added, with an unemployment rate of 4.2%.