On Friday, October 3rd, the financial markets will enter a data-intensive period, and investors need to closely monitor important economic indicators from the three major economies of Asia, Europe, and the United States.
At the beginning of the Asian trading session, Japan will release the unemployment rate data for August, followed by a press conference by Bank of Japan Governor Kazuo Ueda. The market will focus on the Bank of Japan's latest assessment of inflation trends and monetary policy stance, which may have a short-term impact on the yen exchange rate.
During the European session, France, Germany, the Eurozone, and the UK will successively release the final value of the September Services PMI. This data will directly reflect the recovery trend of the European services industry. In addition, the Eurozone's Producer Price Index (PPI) for August will also be released, which will help assess the downward trend of inflation in Europe. It is noteworthy that Federal Reserve official Williams will give a speech in the evening European time, and his views on the interest rate path may influence market sentiment.
The U.S. trading session is undoubtedly the most watched moment of the day. The U.S. Bureau of Labor Statistics will release the employment report, which includes the unemployment rate, changes in non-farm payrolls, and average hourly earnings. This report is considered a key basis for judging the direction of future Federal Reserve policies. If the employment data is strong or wage growth exceeds expectations, it may strengthen the market's expectations for further interest rate hikes by the Federal Reserve.
In addition, the speech by Bank of England Governor Bailey, the US ISM Non-Manufacturing PMI, and the weekly oil rig count data will also be released subsequently, and this information may cause additional volatility in the pound, dollar, and crude oil markets.
In summary, this Friday, the global financial markets will welcome a data feast. Investors need to closely monitor these economic indicators as they may significantly impact asset prices. In particular, the U.S. non-farm payroll data, as a barometer of economic health, will become the market focus, and its results are likely to dominate the short-term market direction.
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ImpermanentPhilosopher
· 10-04 12:58
The market is about to explode!
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wrekt_but_learning
· 10-03 23:20
Looking at the data again.
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NFTragedy
· 10-03 01:52
Favourable Information It's right to do the opposite
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TokenUnlocker
· 10-03 01:51
Waiting for the non-farm payroll, let's talk again.
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EntryPositionAnalyst
· 10-03 01:50
Have you seen the bullish traders?
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SchrodingerProfit
· 10-03 01:36
When can I lie down and win?
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GasGuzzler
· 10-03 01:30
Short Position waiting for Friday's non-farm payrolls
On Friday, October 3rd, the financial markets will enter a data-intensive period, and investors need to closely monitor important economic indicators from the three major economies of Asia, Europe, and the United States.
At the beginning of the Asian trading session, Japan will release the unemployment rate data for August, followed by a press conference by Bank of Japan Governor Kazuo Ueda. The market will focus on the Bank of Japan's latest assessment of inflation trends and monetary policy stance, which may have a short-term impact on the yen exchange rate.
During the European session, France, Germany, the Eurozone, and the UK will successively release the final value of the September Services PMI. This data will directly reflect the recovery trend of the European services industry. In addition, the Eurozone's Producer Price Index (PPI) for August will also be released, which will help assess the downward trend of inflation in Europe. It is noteworthy that Federal Reserve official Williams will give a speech in the evening European time, and his views on the interest rate path may influence market sentiment.
The U.S. trading session is undoubtedly the most watched moment of the day. The U.S. Bureau of Labor Statistics will release the employment report, which includes the unemployment rate, changes in non-farm payrolls, and average hourly earnings. This report is considered a key basis for judging the direction of future Federal Reserve policies. If the employment data is strong or wage growth exceeds expectations, it may strengthen the market's expectations for further interest rate hikes by the Federal Reserve.
In addition, the speech by Bank of England Governor Bailey, the US ISM Non-Manufacturing PMI, and the weekly oil rig count data will also be released subsequently, and this information may cause additional volatility in the pound, dollar, and crude oil markets.
In summary, this Friday, the global financial markets will welcome a data feast. Investors need to closely monitor these economic indicators as they may significantly impact asset prices. In particular, the U.S. non-farm payroll data, as a barometer of economic health, will become the market focus, and its results are likely to dominate the short-term market direction.