November 15, 2021
Markets

Take Five: Adios summer | Reuters

A Wall St. sign is seen near the New York Stock Exchange (NYSE) in New York City, U.S., May 4, 2021. REUTERS/Brendan McDermid/File Photo

Aug 27 (Reuters) – Below are five events and themes likely to dominate global financial markets the coming week.

1/ NEW JOB!

With almost two million new jobs created in the past two months, Friday’s nonfarm payrolls data for August could prove key as investors assess just how close the Federal Reserve is to scaling back emergency stimulus.

A Reuters poll forecast a 763,000 payrolls increase versus a 943,000 rise in July that gave the economy a powerful boost as it started the second half.

But the Delta COVID-19 variant has cast a shadow over the growth outlook, July retail sales fell sharply and one survey showed consumer sentiment slid in early August to its lowest in over a decade.

Stocks have largely shrugged off economic worries, sticking near record…

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