Tag Archives: Weekly Highlight Event
Will U.S Jobs Data Make or Break Dollar Next Week?
Wednesday, 6 March, 15:15 – ADP Nonfarm Employment Change (Feb) In January, private payroll growth decelerated to 107,000, falling short of expectations and reflecting a decrease from the downwardly revised figure of 158,000 in December. While this data implies a prudent commencement in the private sector labor market, it is noteworthy that overall economic growthContinue Reading
Fed Meeting Minutes Align with Expectations; PCE Price Index and GDP in Crosshairs.
Wednesday, 28 Feb, 03:00 – RBNZ Interest Rate Decision In November, the RBNZ maintained its interest rate at 5.50%. Nevertheless, the central bank had earlier indicated a possible rate increase in 2024, citing persistent inflation. Despite the economy technically being in a recession, global markets are bracing for a potential unexpected interest rate hike inContinue Reading
CPI Strength Hinders Fed Rate Cut; Focus On FOMC minutes.
Wednesday, 21 Feb, 21:00 – FOMC Meeting Minutes In January, the Federal Reserve declared a steady policy rate of 5.25% – 5.5%, acknowledging the uncertain trajectory toward a rate cut in 2024. While many investors are hopeful for a shift from rate hikes to cuts by the Fed in the upcoming months, the robust inflationContinue Reading