A slew of high importance US and EU data releases hit the screen, culminating in the monthly NFP report at the back end of the week. On Wednesday, US President Donald Trump’s State of the Union speech will probably overshadow Fed chair Janet Yellen’s final FOMC meeting, where all monetary policy settings are expected to remain unchanged.
Other trading topics covered include –
- The latest Euro-Zone inflation print may see price pressures easing yet again in the single-bloc, causing ECB President a further strong growth/weak inflation headache.
- The FOMC are expected to leave monetary policy measures unchanged on Wednesday, although Janet Yellen’s final monetary policy meeting may play second fiddle to the President’s SOTU speech, especially if trade tariffs are mentioned.
- It’s the monthly NFP report with the market expecting 182k new jobs added.
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DailyFX has a vast amount of updated resources to help traders make more informed decisions. These include a fully updated Economic Calendar, Educational and Trading Guides and a recently released IG Client Sentiment Indicator.
--- Written by Nick Cawley, Analyst
To contact Nick, email him at nicholas.cawley@ig.com
Follow Nick on Twitter @nickcawley1