Projections for the payroll point to the creation of 147 thousand jobs in September.
This Friday (4) the main employment indicator in the United States, the payroll. However, the market may not be so happy with the result.
The projections measured by Inventing.com point to the creation of 147 thousand jobs in September, up from 142 thousand in the previous month.
It is worth remembering that the ADP report — considered the preview of the payroll — registered an increase, going from 103 thousand vacancies to 143 thousand, in the same period; JOLTs increased between July and August, going from 7.711 million to 8.04 million.
The problem is that a rise in the job market could disrupt the country's monetary easing plans. Federal Reserve. A buoyant job market could prevent the US central bank from accelerating the pace of cuts.
An adjustment of 0.25 percentage points remains on investors' radar at the Federal Open Market Committee meeting (Fomcin its acronym in English) in November, bringing the rate to a level between 4.50% and 4.75%.
International stock exchanges and futures Wall Street operate mixed, with the market for China closed due to the holiday.
What to expect from Ibovespa
Around here, the week ends with a slightly empty agenda. Without major indicators, the highlight is the September trade balance. Brasília also doesn't have many highlights, with politicians preparing for the first round of municipal elections this Sunday (6).
In the last trading session, the Ibovespa (IBOV) spilled the beans and collapsed, after the good news of Brazil's rating being raised by Moody’s lose its effect. The index closed down 1.38%, at 131,671 points.
The fall was widespread, driven mainly by Vale (ELECTION 3) and banks, such as Itaú (ITUB4) e Bradesco (BBDC4). According to analysts, the investor's 'brake' was pulled, in part, by the Brazilian inspector.
Morning Times: Check out the markets this Friday morning (04)
Asian bags
- Tokyo/Nikkei: +0.22%
- Hong Kong/Hang Seng: +2,82%
- China/Shanghai: Closed
European stock exchanges (open market)
- Londres/FTSE100: -0,43%
- Frankfurt/DAX: +0,35%
- Paris/CAC 40: +0,52%
Wall Street (futures market)
- Nasdaq:+0,31%
- S&P 500: +0,19%
- Dow Jones: -0,01%
Commodities
- Oil/Brent: +1.06%, at US$78.44 per barrel
- Oil/WTI: +1.10%, at US$74.53 per barrel
- Iron ore: -0.25%, at US$108.75 per ton in Singapore; Dalian market is closed
Cryptocurrencies
- Bitcoin (BTC): +0,98%, a US$ 61.309
- Ethereum (ETH): +1,06%, a US$ 2.376
Happy Friday and keep an eye on Money Times for market news!