fbpx

PU Prime App

Exclusive deals on mobile

  • Trading Knowledge  >  Trading Basics

1 March 2024,06:07

Trading Basics

Will U.S Jobs Data Make or Break Dollar Next Week?

1 March 2024, 06:07

Share on:
FacebookLinkedInTwitterShare
Share on:
FacebookLinkedInTwitterShare

Wednesday, 6 March, 15:15 – ADP Nonfarm Employment Change (Feb)

In January, private payroll growth decelerated to 107,000, falling short of expectations and reflecting a decrease from the downwardly revised figure of 158,000 in December. While this data implies a prudent commencement in the private sector labor market, it is noteworthy that overall economic growth continues to demonstrate resilience. Market observers could anticipate an improvement in the ensuing month.

Wednesday, 6 March, 16.45 – BoC Interest Rate Decision

The Bank of Canada maintained the benchmark interest rate at 5% during its latest update in January. This decision followed three consecutive instances of keeping the rate unchanged throughout 2023. Against the backdrop of recent inflation report from Statistics Canada, market participants and experts are expressing a high degree of confidence in the likelihood of yet another forthcoming rate hold.

Thursday, March 7, 15:15 – ECB Interest Rate Decision (Mar)

The resolution of the European Central Bank in January 2024 to maintain the status quo – preserving the main refinancing rate at 4.50% and sustaining the rates for the marginal lending facility and deposit facility at 4.75% and 4.00%, respectively – delivers a clear message to the business sector. The prevailing emphasis is on stability, prioritizing it over adaptability for the time being. There is heightened anticipation in the market that the central bank will persist in maintaining its existing stance, especially given recent expressions of policy views by the ECB’s Vice President Guindos.

Friday, 8 March 2024, 15:30, 17:00 – U.S Nonfarm Payrolls (Feb)

The US economy created 353,000 nonfarm payroll jobs in January, surpassing the expectation of 185,000 by economists. Given the robust U.S economy and steady job growth, the market labor market remains resilient and bullish, reflecting ongoing recovery across various sectors.

엣지 있게 거래 시작하기

업계 최저 스프레드와 초고속 실행으로 FX, 지수, 귀금속 등을 거래하실 수 있습니다!

  • 당사의 스탠다드 계좌는 최소 $50달러로 거래를 시작할 수 있습니다.
  • 24시간 연중무휴 고객지원
  • 수백 개의 거래 도구, 무료 교육 도구 및 최고의 프로모션을 누릴 수 있습니다.
지금 가입하기

Latest Posts

쉽고 빠른 계좌 개설

실거래계좌개설
  • 1

    회원가입

    몇 가지 간단한 과정으로 PU Prime의 실거래 계좌를 개설하세요

  • 2

    자금예치

    다양한 입출금 수단과 수용되는 통화로 손 쉽게 계좌에 예치할 수 있습니다

  • 3

    거래시작

    업계 최고의 거래 환경과 조건에서 수백 개의 상품을 거래하세요

Please note the Website is intended for individuals residing in jurisdictions where accessing the Website is permitted by law.

Please note that PU Prime and its affiliated entities are neither established nor operating in your home jurisdiction.

By clicking the "Acknowledge" button, you confirm that you are entering this website solely based on your initiative and not as a result of any specific marketing outreach. You wish to obtain information from this website which is provided on reverse solicitation in accordance with the laws of your home jurisdiction.

Thank You for Your Acknowledgement!

Ten en cuenta que el sitio web está destinado a personas que residen en jurisdicciones donde el acceso al sitio web está permitido por la ley.

Ten en cuenta que PU Prime y sus entidades afiliadas no están establecidas ni operan en tu jurisdicción de origen.

Al hacer clic en el botón "Aceptar", confirmas que estás ingresando a este sitio web por tu propia iniciativa y no como resultado de ningún esfuerzo de marketing específico. Deseas obtener información de este sitio web que se proporciona mediante solicitud inversa de acuerdo con las leyes de tu jurisdicción de origen.

Thank You for Your Acknowledgement!