Forex
US Jobs and Inflation Data Set to Influence Fed Rate Path
The US jobs and inflation data will be crucial in determining the Federal Reserve's rate path.
A September payrolls report is expected to show growth of 100,000 jobs and an unemployment rate of 4.2%, according to a Reuters poll of economists.
The monthly employment report due on October 2 will be closely watched for implications on the Federal Reserve's decision-making process.
Investors are looking for signs that consumer spending will remain strong, as this would boost market confidence.