Abstract:Last week’s Non-Farm U.S Payrolls provided a mixed bag for traders. With a new week beginning today, traders look to Federal Reserve speak, as well as an important European report. Find out all the main talking points in our week ahead article!
Date: September 5th – September 9th
Last weeks Non-Farm U.S Payrolls provided a mixed bag for traders. With a new week beginning today, traders look to Federal Reserve speak, as well as an important European report. Find out all the main talking points in our week ahead article!
Jerome Powell Speaks
Powell is due to participate in a moderated discussion at the Cato Institutes Annual Monetary Conference on Thursday in the event of the week. Traders will be eagerly listening to the language used by Powell during this speech. This will give clues on how hard the landing will be from the recent rate hikes.
Europe Monetary Policy Statement
This is the primary tool the European Central Bank uses to communicate with investors about monetary policy. Over recent weeks the messages have become more and more hawkish, will this continue in the latest meeting?
Volatility to Remain?
A sharp sell-off in U.S stocks on Friday gave back all the gains seen throughout the week. This meant all three of the min indices suffered a third straight weekly loss. It is expected volatility will pick up tomorrow when traders return fromthe long Labor Day weekend. This could push stocks to its fourth consecutive losing week.
Everyone at Zenfinex hopes you are having a great trading week. If you would like to know more about the products we offer, feel free to visit www.zenfinex.com.
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With critical news coming from the U.S job market on Friday, volatility is ticking up as traders prepare for a hard landing. Natural Gas and U.S Dollar prices remain the bull story of the year, just how far can this go?
Last week, the markets were left slightly confused at the mixed messages traders received from the Federal Reserve. They highlighted the importance of fighting rampaging inflation, but at the same time voiced concern over tightening financial conditions ‘too much’. However, is the evidence that another stock market crash is coming becoming clearer?
Last week, the markets were buoyed by the US Consumer Price Index report which showed inflation slowing to 8.5% in July, down from 9.1%. Comments from the Federal Reserve made it very clear that they were not claiming any sort of victory against inflation, and that the targets remain way off, so the debate began on if this was an overreaction.