Pay attention to the US Non-Farm Payrolls today! The US Jobs Report will be released at 12:30 p.m. (GMT). Why Is This Important? The Non-Farm Payrolls track the change in the number of people employed by the US in manufacturing, construction, and goods companies. It does not...
US Initial Claims 340K, Exp. 345K Continuing Claims 2748MM, Exp. 2808MM
US ISM Mfg 59.9, Exp. 58.5
ADP Private Payrolls Huge Miss 374K, Exp. 638K
Payrolls processor ADP will publish its numbers for private-sector hiring in the month through mid-August at 8:15 AM ET (1215 GMT) The correlation between the ADP numbers and the government has weakened since the start of the pandemic, and last month’s big ADP shortfall was resoundingly...
ECB Knot - Outlook may allow slower ECB stimulus and PEPP end in March - Can reduce PEPP purchase pace as financing conditions are favourable
US Chicago PMI 66.8, Exp. 68.0, Last 73.4
US Pending Home Sales -1.8%, Exp. 0.3%
Federal Reserve Chair Jerome Powell said the central bank could begin reducing its monthly bond purchases this year, though it will not be in a hurry to begin raising interest rates thereafter. Powell cautioned that a move to begin winding down the bond-buying program should not be inte...
Powell: Longer-term inflation expectations have moved much less than actual inflation or near-term expectations, suggesting that households, businesses, and market participants also believe that current high inflation readings are likely to prove transitory
Fed Powell - Could be appropriate to start taper this year
Outlook for labor market has brightened considerably in recent months Prospects good for continued progress towards max employment At July meeting I thought it could be appropriate to start taper this year. Since then there has been more progress on employment but also the further s...
US Personal Income 1.1%, Exp. 0.3% Personal Spending 0.3%, Exp. 0.4%
.Federal Reserve Chairman Jerome Powell will speak at the central bank annual research symposium at Jackson Hole at 10 AM ET (1400 GMT), and should give clear guidance as to the timeline for reducing the Fed bond purchases.
Initial Claims 353K, Exp. 350K, Last 349K Continuing Claims 2,862MM, Exp. 2,772MM, Last 2.865MM
Important : One Billion Signals will not be liable for any losses sustained while using the services provided on the One Billion Signals application. This application is not a solicitation to trade forex signals, nor is the representation is being made that any account will, or is likely to, achieve profits or losses similar to those discussed on the application. The past performance of any trading system or methodology is not necessarily indicative of future results.
© 2021 One Billion Signals All Rights Reserved