{"id":7130,"date":"2024-01-29T07:00:59","date_gmt":"2024-01-29T07:00:59","guid":{"rendered":"https:\/\/justmarkets.eu\/?p=7130"},"modified":"2024-02-18T21:19:18","modified_gmt":"2024-02-18T21:19:18","slug":"weekly-overview-2024-01-29-3","status":"publish","type":"post","link":"https:\/\/justmarkets.eu\/de\/uncategorized\/weekly-overview-2024-01-29-3\/","title":{"rendered":"Week’s main events (January 29 – February 02)"},"content":{"rendered":"\r\n
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Week’s main events (January 29 – February 02)<\/h1>\r\n
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\r\nThis week promises to be volatile due to a lot of important events. The US Nonfarm Payrolls is the week\u2019s main event, as it is one of the most significant parameters for the Fed\u2019s monetary policy decision. Economists believe the labor market will add 177,000 jobs, slowing from 216,000 in January. Traders should pay special attention to the interest rate decisions from the Bank of England (BoE) and the US Fed. Both central banks are expected to keep rates unchanged. Traders should also pay special attention to the inflation data in Europe and Australia – a slight decline is expected in both. Investors should also keep a close eye on the OPEC+ meeting, which significantly impacts oil pricing. Also, do not forget about the earning season in the United States. This week, companies such as Apple (AAPL), Alphabet (GOOG), Amazon (AMZN), Meta Platforms (META), and many others will report.\r\n <\/p>\r\n\r\n\r\n\r\n\r\n\r\n

\r\n Monday, January 29\r\n <\/div>\r\n
\r\nNo important news is expected on Monday, so the trading day will be relatively quiet.\r\n\r\n <\/div>\r\n\r\n
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\r\n Tuesday, January 30\r\n <\/div>\r\n
\r\nThe US JOLTS job openings and consumer confidence data will be the main reports on Tuesday. These events will cause a spike in volatility. Also, traders should not overlook the preliminary GDP reports from Germany and the Eurozone. Both reports may show a contraction in the economy for the 4th quarter, with Germany closer to a technical recession.\r\n <\/div>\r\n\r\n
\r\n Main events of the day:\r\n <\/div>\r\n\r\n