Global Market News from Bloomberg Fwd: 5 things to start your day

Global Market News from Bloomberg Fwd: 5 things to start your day
Forward Guidance
"Powell confirmed as Fed nominee"

"The tax plan has winners and losers."

Payrolls

expected: a blow-out 313,000 new positions added as Americans roiled by the hurricane season return to work.

Powell-led Fed

Jerome Powell is confirmed as Federal Reserve chair.

Tax plan

tax plan to add $1.49 trillion to the budget deficit.

related: corporate tax

the equity market reacted calmly. the S&P 500 Index closing less than a point lower.

Markets rise

Overnight, the MSCI Asia Pacific Index excluding Japan rose 0.1 percent,

In Europe, the Stoxx 600 Index was a nudge higher

S&P 500 futures were broadly unchanged

the 10-year Treasury yield: 2.352 percent,

gold slightly lower

Restructuring

Venezuela will seek to restructure its global debt

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