Thursday , 21 November 2024
Home Forex Two to watch – Fed Chair Powell speech and NFP are bookend focal points this coming week
Forex

Two to watch – Fed Chair Powell speech and NFP are bookend focal points this coming week

There will be previews of the week ahead soon to come but the big two events next week are:

  • Federal Reserve Chair Powell discussing the US economic outlook at a National Association for Business Economics conference on Monday. This is at 1300 US Eastern time on Monday, September 30 (1700 GMT).
  • On Friday, October 4, at 0830 US Eastern time (1230 GMT) we’ll get the US payroll report for September. Expectations are for a slight improvement from August for the headline and a steady jobless rate. If so the prospect of a ‘soft’, even ‘no’ landing for the US economy will increase.

Other previews of the week will be along, with Chinese data and other indicators of the US employment market. But the biggges are Powell and NFP. Strap in!

This article was written by Eamonn Sheridan at www.forexlive.com.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

USDJPY bounces off 100 bar MA on the 4-hour chart. Can the buyers keep the momentum?

The USD/JPY pair moved lower during the morning U.S. session but found...

More from Goolsbee: Feels like we are heading to 2% inflation

Feel like we're headed to 2% inflation.Neutral is a long way below...

USDCHF moves above converged 100 and 200 hour MAs and rockets higher

Earlier today, I posted:USDCHF: The USDCHF held resistance at the 100-hour moving...

Matt Gaetz withdraws name for Attorney General nomination

This article was written by Greg Michalowski at www.forexlive.com.