US Payrolls and Central Bank Decisions Lead Global Markets
· Business · Economic Times, InsideEVs
Global financial markets enter the final quarter of the year facing elevated borrowing costs, geopolitical tensions, and heavy infrastructure spending on artificial intelligence. Investors are closely tracking the upcoming US nonfarm payrolls report for September, where economists expect 100,000 added jobs and a 4.2% unemployment rate. The US Personal Consumption Expenditures price index and inflation figures from the Eurozone and Tokyo will further guide central bank policy expectations. Meanwhile, the Reserve Bank of Australia is widely anticipated to raise interest rates by 25 basis points to 4.6%. Micron Technology is also set to report earnings, offering a key test of whether AI infrastructure spending remains sustainable.
Why it matters
Shifting global interest rates and US employment data directly influence foreign institutional capital flows into Indian markets and broader borrowing costs.
Read the original report — Economic Times
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