How Energy Crisis Affects German PMI August 23, 2022, 10:30 GMT+3 Germany will publish Flash Manufacturing PMI data on Tuesday, August 23, at 10:30 MT time (GMT+3)…
US Nonfarm Payrolls, Average Earnings and Unemployment Rate
|US labor market figures released in September disappointed the market. All three releases missed forecasts: wage growth slowed down from 0.3% to 0.1%, jobs growth (NFP) was 156K versus 180K expected, and the unemployment rate rose from 4.3% to 4.4%.|
|That’s why market players will be really eager to know whether this deterioration in data was a one-off event or a new negative trend. If traders get disappointed once again, the USD will seriously suffer. Improvement in figures will support the US currency.|
|The release will take place at 15:30 MT time on October 6.|
Last week was very interesting for the markets, as we saw the releases of the US Inflation and Disney’s earnings report. So let's see what we should await this week!
The US will reveal Non-farm payrolls on January 7, Friday, at 15:30 GMT+2 (MetaTrader time).
As Europe moves into recession, next week may provide us with some amazing trading opportunities. Here they are!
Main news that will drive the market in the upcoming week include CB Consumer Confidence Index, Canadian GDP, and US Core PCE Price Index
The Federal Reserve (Fed) will announce its Interest Rate Decision and make a statement about the future monetary policy on Wednesday, September 21, GMT+3. After the higher-than-expected inflation numbers published on September 13, there’s almost no doubt the Federal Reserve will come up with another 75-basis-point rate hike. However, surprised by the CPI numbers, several Fed members announced the possibility of a 100-basis-point rate hike on Wednesday.