Week Ahead – Top 3 Market Events

Date: September 5th – September 9th 

Last weeks Non-Farm U.S Payrolls provided a mixed bag for traders. With a new week beginning today, traders look to Federal Reserve speak, as well as an important European report. Find out all the main talking points in our week ahead article!

Jerome Powell Speaks

Powell is due to participate in a moderated discussion at the Cato Institutes Annual Monetary Conference on Thursday in the event of the week. Traders will be eagerly listening to the language used by Powell during this speech. This will give clues on how hard the landing will be from the recent rate hikes.

Europe Monetary Policy Statement

This is the primary tool the European Central Bank uses to communicate with investors about monetary policy. Over recent weeks the messages have become more and more hawkish, will this continue in the latest meeting？

Volatility to Remain？

A sharp sell-off in U.S stocks on Friday gave back all the gains seen throughout the week. This meant all three of the min indices suffered a third straight weekly loss.  It is expected volatility will pick up tomorrow when traders return fromthe long Labor Day weekend. This could push stocks to its fourth consecutive losing week.

Everyone at Zenfinex hopes you are having a great trading week. If you would like to know more about the products we offer, feel free to visit www.zenfinex.com.

Disclaimer:  Trading Foreign Exchange is highly speculative and may not be suitable for all investors. The leverage created by trading on margin can work against you and losses can exceed your entire investment. Only invest with money you can afford to lose and ensure that you fully understand the risks involved.