This week, investors' attention will turn to many important forex news in the US about new jobs in the US non-farm sector in order to get any new hints regarding the future of monetary policy and about the possibility of raising US interest rates for an additional three times this year by the Federal Reserve.
In addition to the US jobs report, global markets will be watching closely the UK's PMI data due later this week as it is expected to show that activity in the manufacturing and services sector remained strong over the past month.
Here are the top forex news this week
Monday 2 April
Markets in Australia, New Zealand and Western Europe are set to remain closed for the country's Easter holidays, while China will release its data on the Caixin manufacturing index reading, and in the US the Institute of Supply will publish its manufacturing index reading.
Tuesday 3 April
Later today, New Zealand is scheduled to release its data on business confidence, and the Reserve Bank of Australia will announce its benchmark interest rate, in addition to publishing a statement on policies that determine economic conditions and factors that would influence policy decisions. In the euro zone, Germany is scheduled to release its data on retail sales, and Britain is to release several important data on the activity of the manufacturing sector in the country.
Wednesday 4th April
Australia is to publish its reports on retail sales and building permits, China is to release its data on the Caixin services index reading, and in the United Kingdom several data on construction activity is scheduled to be released, and preliminary inflation data in the eurozone is also scheduled to be published. The United States will release its data on non-farm payrolls from ADP.
Thursday April 5
Financial markets in China are scheduled to be closed for public holidays in the country, while Australia will publish several important data on the trade balance, and in the United Kingdom, data will be revealed in the service sector, and the United States will release its weekly report on unemployment claims. .
Friday April 6
The financial markets in China will remain closed for the second day in a row for public holidays, on the other hand, Canada will release its latest employment report, and the United States is scheduled to conclude this week’s trading by issuing many important data on new jobs in the third-party sector. American farmer for the month of March.
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