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QCP Capital: Friday's non-farm payrolls report will lock in market bets on the Federal Reserve's next move

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2024-10-30 11:08:57
The focus this week is on Friday's non-farm payrolls report, a key indicator of the health of the U.S. job market, which is widely expected to be around 110,000, or about half the previous figure, QCP Capital noted. As the last big piece of data before next Friday's Fed meeting, the report is expected to lock in the market's bets on the Fed's next move. Also, with swing states like Nevada and Pennsylvania likely to turn the tables, Trump appears to be gaining support in the polls.
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