The December jobs report and details from the Federal Reserve’s last policy meeting of 2022 will headline a short opening week of 2023 for investors as Wall Street limps into a new year after its worst run since the Global Financial Crisis.
U.S. stock and bond markets will be closed on Monday, January 2, in observance of New Year’s Day.
Economic data will pick up when traders return to a four-day trading week after a quiet end of December.
The Labour Department will publish its jobs report for December at 15.30 GMT+2 on Friday, and economists expect a payroll gain of 200,000 jobs last month, per Bloomberg consensus estimates.
Outside of the headline jobs data, three additional updates on the labour market will be on the docket for investors this week, with the latest Job Openings and Labour Turnover Survey (or JOLTS report), ADP’s private payrolls data, and the Challenger Job Cuts report all due out.
For Europe, next Friday, euro traders are on guard. The Core CPI Flash Estimate y/y is due during the European session.
Given the previous print of 5% and the increasingly hawkish ECB, it is time to see if inflation has peaked in Europe or not.
Have your trading charts ready!
This Week’s High Impact Events
The times below are GMT +2.
Monday 2nd January
No High Impact Events
Tuesday 3rd January
All Day – OPEC-JMMC Meetings
Wednesday 4th January
09.30 – Switzerland – CPI m/m
Potential instruments to Trade: CHF Crosses.
17.00 – US – ISM Manufacturing PMI & JOLTS Job Openings
15.30 – US – Average Hourly Earnings m/m, Non-Farm Employment Change, & Unemployment Rate
Potential instruments to Trade: USD Crosses.
17.00 – US – ISM Services PMI
Potential instruments to Trade: USD Crosses.
If you have any questions or require any assistance, please contact one of our support team members via our Live Chat or email [email protected].
We are Errante. Trading made personal.
Share with a Friend
Risk Warning: Our products are traded on margin and carry a high level of risk and it is possible to lose all your capital. These products may not be suitable for everyone and you should ensure that you understand the risks involved. Full disclosure.
This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.
Strictly Necessary Cookies
Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.
If you disable this cookie, we will not be able to save your preferences. This means that every time you visit this website you will need to enable or disable cookies again.
3rd Party Cookies
This website uses Google Analytics to collect anonymous information such as the number of visitors to the site, and the most popular pages.
Keeping this cookie enabled helps us to improve our website.
Please enable Strictly Necessary Cookies first so that we can save your preferences!