{"id":10304,"date":"2025-02-03T06:52:56","date_gmt":"2025-02-03T06:52:56","guid":{"rendered":"https:\/\/justmarkets.eu\/?p=10304"},"modified":"2025-02-03T06:52:57","modified_gmt":"2025-02-03T06:52:57","slug":"weekly-overview-2025-02-03","status":"publish","type":"post","link":"https:\/\/justmarkets.eu\/ro\/analytics\/weekly-overview-2025-02-03\/","title":{"rendered":"Week’s main events (February 03 \u2013 February 07)"},"content":{"rendered":"\r\n
\r\n

Week’s main events (February 03 \u2013 February 07)<\/h1>\r\n
\r\n

The week’s main events will be the Bank of England meeting and the US Non-Farm Payrolls report. New US employment data could provide new insights into the state of labor demand in the world’s largest economy \u2014 and possibly influence the Federal Reserve’s future course on interest rates. The Bank of England (BoE) is expected to cut interest rates and hint at forthcoming cuts as the UK economy stagnates. Traders will also closely monitor Trump’s policies, particularly the 25 percent tariffs on imports from Canada and Mexico and 10 percent from China, which went into effect Feb. 1, adding to worries about the uncertain impact of heightened global trade tensions. Global PMI data, Eurozone inflation, and Canadian employment data will also be a focus.<\/p>\r\n

Monday, February 03<\/div>\r\n
On Monday, data on manufacturing activity among key economies will be released. This is an indicator of health that is important to evaluate. Typically, an increase in the indicator has a favorable impact on the national exchange rate. Also, on Monday, there will be an online meeting of OPEC+ members. Due to Trump’s tariff policy (Trump plans to announce broader tariffs related to oil and natural gas around Feb. 18), the cartel may take unexpected steps. Also, on Monday, inflation data will be released in the Eurozone. A slight decrease in inflationary pressures is expected, which may have a negative impact on the euro.<\/div>\r\n
Main events of the day:<\/div>\r\n