STORY: From closely watched U.S. jobs data, to the Reserve Bank of Australia's new governor's first meeting, here are the top stories to watch in business and finance.
Eyes will be on the world’s No. 1 economy as Washington tosses and turns over funding the government.
Economists polled by Reuters expect the U.S. economy created 150,000 jobs in September versus 187,000 in August.
If released as scheduled, stronger-than-expected data from the October 6 jobs report would likely bolster a ‘higher for longer’ stance on rates.
The Reserve Bank of Australia's new – and first woman – governor Michele Bullock chairs her first meeting on Tuesday.
Investors will be looking for signals on where the RBA stands on rates after some signs of inflation smoldering in the services sector.
The consensus is for a pause.
One risk for Australia's economy: China.
Its property sector is teetering on the edge of collapse... which flashes red lights for Australian raw material exports.
Any window into what Beijing is doing to prop the sector up – if anything – will basically be shut next week given the Golden Week holiday.
World stocks are still up a respectable 8% for the year but have given back almost 5% in September, with even the global tech giants reversing.
And while the AI boom still matters, analysts will be ultra-focused on what the traditional economy players say
about the cost pain or lack of it that their customers are now feeling.
Bring on Q4's earnings season.