Another busy week for investors is almost upon us with some major names reporting earnings, the State of the Union address and a speech from Federal Reserve Chairman Jerome Powell on Tuesday leading the docket.
The latest US jobs report showed the opposite of what many investors and economists had expected: Instead of an economy heading toward a recession, the job market carried on at a confoundingly strong pace.
Payroll numbers for January showed the economy adding 517,000 new jobs, an increase that was well above economists’ forecasts. Meanwhile, the unemployment rate clocked in at its lowest level in over 50 years. Wages rose slightly, hand in hand with a growing labor supply that cooled any wage pressures. The month’s report came with revisions to the past two years’ data, adding to the complicated, surprising picture.
Bitcoin dipped below $23K earlier in the weekend and flattened on Sunday as investors await the next utterances from Federal Reserve Chairman Jerome Powell.
Have your trading charts ready!
This Week’s High Impact Events
The times below are GMT +2.
Monday 6th February
17.00 – Canada – Ivey PMI
Potential instruments to Trade: CAD Crosses.
Tuesday 7th February
05.30 – Australia – Cash Rate & RBA Rate Statement
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].
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रिस्क वार्निंग: हमारे उत्पादों को मार्जिन पर कारोबार किया जाता है और यह जोखिम का एक उच्च स्तर होता है और आपकी सभी पूंजी खोना संभव है। ये उत्पाद सभी के लिए उपयुक्त नहीं हो सकते हैं और आपको यह सुनिश्चित करना चाहिए कि आप इसमें शामिल जोखिमों को समझते है। अधिक जानकारी के लिए, कृपया हमारे जोखिम डिस्क्लोश़र बयान को पढ़ें।
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