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Do Markets Actually Care About US Jobs Data?

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  • US equity markets are starting off October and 4Q’22 on exceptionally strong footing, while the US Dollar has dropped backed meaningfully.
  • Following the August US JOLTs report, speculation has gathered pace that the Federal Reserve won’t hike rates as aggressively as feared over the coming months.
  • Live coverage of the September US nonfarm payrolls report begins on Friday, October 7 at 08:15 EDT/12:15 GMT.

Oct 4, 2022 | DailyFX
James Stanley, Christopher Vecchio, CFA

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