Week InAdvance: October 3, 2022
Mon Oct 3 FSOC meets on financial stability and energy. | Tue Oct 4 Jewish holiday Yom Kippur, or Day of Atonement. | Wed Oct 5 OPEC+. OECD green finance forum. | Fri Oct 7 US employment report for September.
Investors will get a fresh look at the US labor market when data on job creation and unemployment for September come out on Friday. The monthly payrolls report is expected to show another month of robust job creation in September and the unemployment rate holding near the lowest in 50 years.
The OPEC+ coalition meets Wednesday to decide its next move on oil output. The 23-nation alliance led by Riyadh has limited output over the past two years as economies recover from the Covid-19 pandemic. Now, it's facing growing calls to staunch the oil price slide by cutting production further.
Annual Nobel announcements start on Monday, with the Peace Prize being scheduled for Friday. The winner of the Nobel Prize in Economics will be announced on Oct. 10.
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