
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!
Non-Farm Payrolls are published on June 4, 15:30 GMT+3.
Last time, the market was rather unimpressed with the US economic data. While the Average Hourly Earnings of 0.7% were significantly higher than the expected 0.0%, the other two hey indicators underperformed: the Non-Farm Employment Change was 266K against the forecast of 990K, and Unemployment Rate of 6.1% turned out to be notably higher than the expectation of 5.8%.
As a result of the market disappointment in the above case, the USD dropped upon the release of the data and continued into fluctuation later on. Therefore, although most observers should be now prepared for rather weak data in the coming release, there is always room for a surprise – in whichever direction it drives the USD.
Instruments to trade: EUR/USD, USD/JPY, GBP/USD, USD/CAD
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 volatility that the markets experienced last week promises the second tidal wave! What should your favorite assets anticipate during the first week of February?
The US will reveal Non-farm payrolls on January 7, Friday, at 15:30 GMT+2 (MetaTrader time).
The US Bureau of Labor Statistics will announce average hourly earnings, nonfarm employment change (NFP), and the unemployment rate on July 8, at 15:30 MT time.
The Federal Open Market Committee, a committee within the Federal Reserve, will reveal a detailed record of the central bank’s last meeting on July 6 at 21:00 MT.
The Reserve Bank of Australia will announce its cash rate and make a statement about future rate policy on Tuesday, July 5, at 07:30 MT.
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