In a holiday-shortened trading week, data from the labour market and a readout from the Fed’s latest policy meeting will be highlights. US Markets were closed on Monday for the July 4th holiday. Americans shopping for July 4 barbecues will pay an average 17% more than last year for items such as burgers and lemonade, according to the American Farm Bureau Federation, an example of the brutal price pressures facing consumers globally.
Still, Jerome Powell’s whatever-it-takes-style message last week may have persuaded bond markets that the U.S. Federal Reserve means business when it comes to stomping on inflation.
June’s all-important jobs report will be released at 15.30 GMT+3 on Friday, forecasts suggesting another 275,000 jobs were created last month, according to data from Bloomberg – a slowdown from the 390,000 jobs created in May but a number that suggests payroll growth continues to charge ahead.
The Labour Department’s monthly jobs report due out Friday will offer a gauge of how the U.S. labour market is holding up against a backdrop of tightening monetary conditions, inflations, and growing warnings of an economic downturn.
This Week’s High Impact Events
The times below are GMT +3.
Tuesday 5th July
13.00 – UK – BOE Gov. Bailey Speaks
Potential instruments to Trade: GBP Crosses.
Wednesday 6th July
12.00 – EU Economic Forecasts
Potential instruments to Trade: EUR Crosses.
17.00 – US – JOLTS Job Openings & ISM Services PMI
Potential instruments to Trade: USD Crosses.
21.00 – US – FOMC Member Meetings
Potential instruments to Trade: USD Crosses.
Thursday 7th July
Tentative – New Zealand – RBNZ Statement of Intent
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
Предупреждение о риске: наши объекты трейдинга торгуются на маржине и имеют высокий составляющий уровень риска, включая возможность утраты всего вашего капитала. Данные объекты могут являться не подходящими для вас , и вы должны убедиться, что понимаете все риски. Полное раскрытие.
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!