Marketmind: Market bounce sets up Fed-dominated week ahead

© Reuters. A trader works on the floor at the New York Stock Exchange in New York City, U.S., October 27, 2023. REUTERS/Brendan McDermidAnother Monday bounce in world markets sets up a Fed-dominated week ahead - although the U.S. central bank may not yet have a great deal to offer stock and bond markets that seem keener to see the glass half empty as October comes to a close.

A big problem for small firms, however, is that they disproportionately bear the burden of the higher borrowing costs that show little sign of coming down any time soon. A key input to that as always will be the state of the labor market, with data this Friday expected to show October payroll growth cooling to 188,000 new jobs from the blowout 336,000 gain last month. And autoworker strikes against Detroit's Big Three car manufacturers could subtract at least 29,000 jobs from October, government data shows.

Global bourses and Wall St futures were higher to start the week, with oil and gold prices ebbing a bit - the former now back down 4% year-on-year.) dominates the week's earnings diary on Thursday. HSBC gained 1.2% in London after reporting a fresh $3 billion share buyback and a more than doubling of third-quarter profit.The dollar was a touch higher, with the Swiss franc ebbing as the Swiss National Bank cut the rate on overnight deposits it pays on commercial bank reserves.

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

Stock market today: Asian shares slip after S&P 500 slips ahead of Fed interest rate decisionAsian shares are mostly lower ahead of a Federal Reserve decision this week on interest rates. U.S. futures gained while oil prices fell more than $1 a barrel. On Friday, stocks stumbled on Wall Street. The S&P 500 fell 0.5% and is now in what's called a correction, down 10% from the peak for this year that it hit in July. The Dow fell 1.
แหล่ง: AP - 🏆 728. / 51 อ่านเพิ่มเติม »

Stock market today: Asian shares slip after S&P 500 slips ahead of Fed interest rate decisionAsian shares are mostly lower ahead of a Federal Reserve decision this week on interest rates.
แหล่ง: wjxt4 - 🏆 246. / 63 อ่านเพิ่มเติม »

Stock market today: Asian shares slip after S&P 500 slips ahead of Fed interest rate decisionAsian shares are mostly lower ahead of a Federal Reserve decision this week on interest rates.
แหล่ง: ksatnews - 🏆 442. / 53 อ่านเพิ่มเติม »

Frazzled Stock Investors Eye Frothy Treasury Market as Fed LoomsFinancial markets are bracing for what could be a momentous week, with a Federal Reserve meeting, U.S. employment data and earnings from technology heavyweight Apple Inc possibly setting the course for stocks and bonds the rest of the year. October has lived up to its...
แหล่ง: NEWSMAX - 🏆 16. / 71 อ่านเพิ่มเติม »

In the Market: Treasury market braces for seismic SEC ruleTreasury market participants expect U.S. regulators to soon finalize a major rule aimed at reining in debt-fueled bets by hedge funds and bolstering financial stability. They worry it could also reshape the industry and create new problems.
แหล่ง: Reuters - 🏆 2. / 97 อ่านเพิ่มเติม »