Here are the important upcoming news events that could affect your trading. Learn more: https://exness.social/4gF2Ndl
www.exness.global
Economic calendar tracking global market events and releases | Exness
Track key market events with the economic calendar from Exness. Use the calendar to follow scheduled economic data and announcements.
Here are the important upcoming news events that could affect your trading. Learn more: https://exness.social/4gF2Ndl
www.exness.global
Economic calendar tracking global market events and releases | Exness
Track key market events with the economic calendar from Exness. Use the calendar to follow scheduled economic data and announcements.
Mayday? π¬ All eyes are on the NFP announcement this week. The June jobs report lands this Thursday, a day earlier than usual ahead of the holiday weekend, and the read traders are bracing for is a slowdown. Forecasts point to 110K new jobs against 172K previously, with unemployment expected to hold at 4.3%.
A cooling labour market is one way the Fed aims to ease inflationary pressures. The annual inflation rate in the US stands at 4.2% for the 12 months ending in May.
A print near forecast keeps the Fed patient. Much weaker and the focus shifts to protecting growth, raising the odds of an earlier rate cut. Much stronger and the read flips hawkish, a sign the cooling the Fed wants is not arriving fast enough.
Either way, Thursday sets the tone for the months ahead. What's your analysis?
A cooling labour market is one way the Fed aims to ease inflationary pressures. The annual inflation rate in the US stands at 4.2% for the 12 months ending in May.
A print near forecast keeps the Fed patient. Much weaker and the focus shifts to protecting growth, raising the odds of an earlier rate cut. Much stronger and the read flips hawkish, a sign the cooling the Fed wants is not arriving fast enough.
Either way, Thursday sets the tone for the months ahead. What's your analysis?
GBPJPY rebounded above the ascending trendline and closed above both EMAs. The price formed higher swings with diverging bullish EMAs reinforcing its bullish momentum.
If GBPJPY breaks above the resistance at 216.50, the price may advance toward the following resistance at 218.80.
Conversely, a retreat below the resistance at 216.50 may prompt a retracement toward the immediate support at 214.00.
If GBPJPY breaks above the resistance at 216.50, the price may advance toward the following resistance at 218.80.
Conversely, a retreat below the resistance at 216.50 may prompt a retracement toward the immediate support at 214.00.
Here are the important upcoming news events that could affect your trading. Learn more: https://exness.social/4gF2Ndl
www.exness.global
Economic calendar tracking global market events and releases | Exness
Track key market events with the economic calendar from Exness. Use the calendar to follow scheduled economic data and announcements.
The Dow Jones may face higher volatility after its record-high move, as softer US jobs data and lower Fed hike expectations put the rally in question.
Shifting Fed expectations are the key trigger, as markets now see a lower probability of a September hike after June payrolls cooled and prior job gains were revised lower.
Earnings season could amplify the swings if industrials, financials, and consumer names miss elevated profit expectations.
And with more decliners than advancers in the latest rebound, the rally may rest on selective leadership rather than broad participation.
Watch bond yields, tariff headlines, and oil price volatility.
Shifting Fed expectations are the key trigger, as markets now see a lower probability of a September hike after June payrolls cooled and prior job gains were revised lower.
Earnings season could amplify the swings if industrials, financials, and consumer names miss elevated profit expectations.
And with more decliners than advancers in the latest rebound, the rally may rest on selective leadership rather than broad participation.
Watch bond yields, tariff headlines, and oil price volatility.
The Fed is holding the balance, but for how long? The Fed's June minutes land on Wednesday and the tone is expected to lean hawkish. New Chair Kevin Warsh stripped forward guidance from the statement and declined to submit his own dot, leaving markets with fewer signals than they're used to.
With inflation still running above target and several policymakers projecting an interest rate hike this year, traders want details: how close is the Fed to actually raising rates?
Gold, USD pairs, and US indices are all watching.
How are you reading it?
With inflation still running above target and several policymakers projecting an interest rate hike this year, traders want details: how close is the Fed to actually raising rates?
Gold, USD pairs, and US indices are all watching.
How are you reading it?
π GBPJPY extends its rally! π
The pair rebounded above its ascending trendline and pushed past the last swing high near 218.00βnow eyeing the 100% Fib Extension, with higher swings and diverging bullish EMAs powering the uptrend. πͺ
π Key levels to watch:
β Breaks above 219.80 β eyes on the 127.2% Fib Extension at 222.30
β οΈ Slips below 219.80 β watch for a retracement toward support at 218.00
Bulls charging ahead. π
The pair rebounded above its ascending trendline and pushed past the last swing high near 218.00βnow eyeing the 100% Fib Extension, with higher swings and diverging bullish EMAs powering the uptrend. πͺ
π Key levels to watch:
β Breaks above 219.80 β eyes on the 127.2% Fib Extension at 222.30
β οΈ Slips below 219.80 β watch for a retracement toward support at 218.00
Bulls charging ahead. π
π NZDUSD fades after testing 0.5860! π»
The kiwi briefly pushed higher before slipping backβbroader lower swings hint at more downside ahead. π
π Key levels to watch:
β οΈ Breaks below both EMAs & 0.5780 β eyes on the next support at 0.5720
β Holds above 0.5780 β expect consolidation in the 0.5780β0.5860 range
Bears keeping the pressure on. π
The kiwi briefly pushed higher before slipping backβbroader lower swings hint at more downside ahead. π
π Key levels to watch:
β οΈ Breaks below both EMAs & 0.5780 β eyes on the next support at 0.5720
β Holds above 0.5780 β expect consolidation in the 0.5780β0.5860 range
Bears keeping the pressure on. π
Here are the important upcoming news events that could affect your trading. Learn more: https://exness.social/4gF2Ndl
www.exness.global
Economic calendar tracking global market events and releases | Exness
Track key market events with the economic calendar from Exness. Use the calendar to follow scheduled economic data and announcements.
Here are the important upcoming news events that could affect your trading. Learn more: https://exness.social/4gF2Ndl
www.exness.global
Economic calendar tracking global market events and releases | Exness
Track key market events with the economic calendar from Exness. Use the calendar to follow scheduled economic data and announcements.