โ#ForexChief #Powell #forexnews #Yellen #NFP #worldnews #forexmarket #OPECโ
๐ Market focus: events of the current weekโ
๐ This week's reports, including the NFP, may be outdated even before publication due to emergence of the Omicron COVID strain.
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Powell and Yellen will report to the Senate Banking Committee today on implementation of the CARES Act, which was passed in response to Covid-19 pandemic, and tomorrow they will speak to House of Representatives Financial Services Committee. OPEC+ Joint Monitoring Committee will host an online conference.
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The European Banking Authority's annual risk assessment is due on Friday, Lagarde is expected to speak, but a strong market reaction is unlikely.
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specified time is GMT Offset 0
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Tuesday, 30
EUR: CPI (10:00)
USD: CB Consumer Confidence (15:00); Fed Chair Powell Testifies (Tentative); API Weekly Crude Oil Stock (21:30)
AUD: AIG Manufacturing Index (21:30)
JPY: Capital Spending (23:50)
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Wednesday, 01
AUD: GDP (00:30)
CNY: Caixin Manufacturing PMI (01:45)
EUR: Manufacturing PMI (09:00); BoE Gov Bailey Speaks (14:00)
GBP: Nationwide HPI (07:00); Manufacturing PMI (09:30)
USD: ADP NFP (13:15); Manufacturing PMI (14:45); Fed Chair Powell Testifies, Treasury Secretary
Yellen Speaks (15:00); Crude Oil Inventories (15:30); Beige Book (19:00)
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Thursday, 02
AUD: Retail Sales, Home Loans, Trade Balance (00:30)
EUR: Unemployment Rate (10:00)
USD: OPEC Meeting (10:00); Initial Jobless Claims (13:30)
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Friday, 03
JPY: Services PMI (00:30)
CNY: Caixin Services PMI (01:45)
GBP: Composite, Services PMI (09:3)
USD: Nonfarm Payrolls (13:30); ISM Non-Manufacturing PMI (15:00)
EUR: Services PMI (09:00); Retail Sales (10:00); Markit Composite, Services PMI (14:45)
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Profits to yโall!