On Friday, we have the US employment report. The market expects 203,000 nonfarm payrolls after a surprising 517,000 in the prior month.
Next week on Tuesday, we will see the US inflation report. The market expects the CPI to come in at 6%, down from 6.4%. On the other hand, the all-important core CPI is expected to rise to 5.4%.
Finally, on the 22nd, the Fed will decide on interest rates, and Powell will hold a press conference. After these events, investors will have better clarity on whether the Fed will pause its rate hikes in the coming months.
Source: investing.com