10 October 2022 | Other

Employment growth in the U.S. carries risks for the stock market

Last month, 263,000 new vacancies appeared in the U.S. labor market, which is slightly less than the number of available jobs recorded the month before that. The hiring rate remains quite stable because the unemployment rate has fallen to 3.5%. Since the previous actions taken by The Federal Open Market Committee (FOMC) have had less influence on the labor market than expected, investors’ hopes that the FOMC members will refuse to tighten monetary policy anytime soon were dashed. 

Company MarketCheese
Period: 03.08.2026 Expectation: 3300 pips
Buy USDCAD on widening greenback-loonie advantage
03 July 2026 33
Period: 10.08.2026 Expectation: 800 pips
AUDCAD keeps rebounding on reduced volatility
03 July 2026 19
Brent sell
Period: 17.07.2026 Expectation: 700 pips
Brent crude sell-off targets $65
03 July 2026 34
Period: 10.07.2026 Expectation: 900 pips
GBPUSD rallies as markets rethink Fed rate path
03 July 2026 29
Gold buy
Period: 02.08.2026 Expectation: 150 pips
Invest in gold as $4,000 holds
02 July 2026 75
Period: 02.08.2026 Expectation: 2400 pips
Buying USDJPY upon updating all-time highs
02 July 2026 39
Go to forecasts