Marc Chandler - Recapping Jobs Data, Upcoming Central Bank Meetings and Election Impact On Markets
Marc Chandler, Managing Partner at Bannockburn Global ForEx and Editor of Marc To Market joins me to provide a comprehensive analysis of the past week's economic events.
The discussion kicks off with an in-depth look at the latest jobs data, which was weaker than expected. Despite these figures, the Federal Reserve is still anticipated to cut interest rates by 25 basis points next week.
We also cover the Bank of Japan's decision to hold rates steady and the UK's budget release that signals higher taxes, more spending, and borrowing. Significant market movements, such as the dollar's strength and the impact of economic data on investor positioning, are analyzed.
Looking ahead, Marc previews the upcoming week, which includes the highly anticipated US election and several central bank meetings from the G10 countries. Insights are provided on what to expect from the Fed, Bank of England, and other central banks. Additionally, the potential market implications of these events and the ongoing volatility.
