Forecasting the upcoming week: Busy week with focus on the US labour market
The US Dollar (USD) has managed to regain composure and trim part of the severe sell-off that kicked in in late mid-July. The absence of relevant news from the Middle East has motivated investors to shift their attention to the US money market as well as data releases, while Chair Warshs hawkish message at the Jackson Hole Symposium boosted the demand for the buck at the end of the week. Discover more Comparing Top ETFs Tracking Market News Finance The US Dollar Index (DXY) has ended the week in the upper end of the range, reclaiming the 99.00 barrier and well beyond, helped by a decent recovery in US Treasury yields across the curve as well as steady uncertainty surrounding the US-Iran-Hormuz conflict and the resurgence of the Fed‘s tighter-for-longer narrative. The Dallas Fed Manufacturing Index is due on August 31. The ISM Manufacturing PMI takes centre stage on September 1 alongside JOLTs Job Openings, Construction Spending, the final S&P Global Manufacturing PMI, the Dallas Fed Services Index and the API’s weekly report on US crude oil stockpiles. On September 2, the ADP Employment Change, weekly MBA Mortgage Applications, Factory Orders and the EIAs weekly report on US crude oil inventories all precede the release









