USA - 5 Things To Watch In The Financial Markets, The Weeks Ahead
USA - 5 Things To Watch In The Financial Markets, The Weeks Ahead Friday's job report and the Minutes of Federal Banks are the highlighter of the week ahead. The USA market is embarking on the uncertain third quarter after the tightening monetary policy started. Australia is planning to increase the interest rate by 50 Bps. US JOBS REPORT: Ec onomic Data mentions that United States market is slowing down amid tightening monetary policy by the Federal Reserve. Investors will be watching the non-farm payroll report to know how labor market is functioning. Economists expect that 270,0000 employment had been added in June, 2022, slowing from 300,000 in the previous months. Unemployment ratio will be steady at 3.60% providing that stron demand still exists in the market. Average Hourly Earnings are expected to be increasing by 5% on Year-on-year basis. A weaker report will exaggerate that economy is already on the path of recession. This will trigger the interest rate of 75 Bps In