The ECB is fully expected to start cutting interest rates on Thursday while the monthly US NFPs follow the next day.
In the US, a raft of US jobs data – JOLTS, ADP, and initial jobless claims - will be released before Friday’s US Jobs Report. The market has pushed back US rate cuts over the past months as inflation remains uncomfortably high for the Federal Reserve. Any weakening in the US Jobs market may see the market start to re-price US interest rate cuts.
In addition to the above, the Bank of Canada announce their latest policy decision, Australian GDP is released, while US ISM Services data is always worth watching.
Disclaimers
The article is sourced from dailyfx with the original source credited. The views expressed herein are not affiliated with FXOR; readers are encouraged to approach the content rationally. Copyright belongs to the original author. If unintentional infringement upon media or personal intellectual property rights has occurred, please contact us, and we will promptly remove the content. FXOR merely provides information storage services. The article is compiled and released by FXOR; reprints must indicate the original source.
