🔥WARNING🔥
🗓 This week has IMPORTANT ECONOMIC DATA for the financial markets.
What can we expect from them⁉️
🔹Tuesday
▪️Consumer Confidence 11:00 ARG
▪️JOLTS Job Openings Survey 11:00 ARG
🔹Wednesday
▪️Change in Non-Farm Payrolls 09:15 ARG
▪️US GDP 09:30 ARG
▪️Core PCE Inflation 11:00 ARG
🔹Thursday
▪️Japan's Interest Rate Decision 00:00 ARG
▪️Unemployment Claims 09:30 ARG
▪️Manufacturing PMI 10:45 ARG
🔹Friday
▪️Average Hourly Earnings 09:30 ARG
▪️Non-Farm Payrolls 09:30 ARG
▪️Unemployment Rate 09:30 ARG
👉 Here's what we can expect:
📍WEAKNESS in the LABOR MARKET could lead the FED to CUT the INTEREST RATE sooner than expected.
📍US GDP could raise fears of RECESSION if it comes in too bad.
📍KEY for PCE INFLATION to fall to drive interest rate cuts.