August payrolls preview, China's confused policy moves, key risks to watch and more

August’s US employment report release on Friday will be the coming week’s must-watch market event. On the latest episode of The Weekly Briefing from Capital Economics, Group Chief Economist Neil Shearing talks about what we’re expecting and how the outcome could influence the anticipated start of Fed easing this month. Neil also discusses China’s confusing policy signals and, ahead of client briefings this week, highlights some of the key risks that the economist team is watching between now and year-end.Also on the show, Zichun Huang from our China team explains what Beijing needs to do to resolve the property market’s giant inventory of unsold apartments – but also why resolution won’t dramatically alter the Chinese economic outlook. Analysis and events referenced in this episode:US August payrolls previewGlobal Drop-In: Towards 2025 – Risks to the global economic and market outlookChina’s gold rush has much further to runChina Activity Proxy: Growth picks up thanks to fiscal boostPBOC at the mercy of leadership’s muddled prioritiesHow to fix China’s property destocking scheme