All Eyes On Fed Minutes…..


Thursday brings more information on two major concerns for the U.S. market: the Federal Reserve and China.

The Federal Open Market Committee releases the minutes of its September meeting on Thursday at 2 p.m. ET.

Although the minutes won’t reflect the central bank’s view on Friday’s weaker-than-expected nonfarm payrolls report, analysts said they will be watching to see how much the Fed was concerned about conditions overseas, particularly in China.

Many market analysts expected the Federal Reserve to raise short-term interest rates for the first time in nearly a decade at its September meeting. The central bank’s decision to hold off on a hike caused great uncertainty in markets about the Fed’s view on domestic and global economic conditions. Friday’s disappointing jobs report pushed Fed Futures to price in a rate hike for March 2016 at the earliest.

Weekly jobless claims due at 8:30 a.m. could give further context to labor market conditions.

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