{"id":8609,"date":"2024-06-04T05:39:47","date_gmt":"2024-06-04T05:39:47","guid":{"rendered":"https:\/\/justmarkets.eu\/?p=8609"},"modified":"2024-06-04T05:39:48","modified_gmt":"2024-06-04T05:39:48","slug":"weekly-overview-2024-06-03","status":"publish","type":"post","link":"https:\/\/justmarkets.eu\/ro\/analytics\/weekly-overview-2024-06-03\/","title":{"rendered":"Week’s main events (June 03 \u2013 June 07)"},"content":{"rendered":"\r\n
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Week’s main events (June 03 \u2013 June 07)<\/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’s main event, as it is one of the most essential parameters for the Fed’s monetary policy decision. Economists believe the US employment report remains robust in May. The stronger the labor market, the more likely the US Federal Reserve will continue to hold rates. The ECB is likely to become the first major central bank to cut interest rates this cycle on Thursday. With a 25 basis point rate cut already virtually promised by policymakers, market watchers will focus on what ECB President Christine Lagarde says about what comes next. The Bank of Canada will hold its meeting on Wednesday. Given the latest economic data, the country’s economy grew slower than expected in the first quarter, so the BOC may also go for a rate cut. Also, this week, investors should watch the Swiss inflation data and the trade balance figures for China.\r\n\r\n <\/p>\r\n\r\n\r\n

\r\n Monday, June 03\r\n <\/div>\r\n
\r\nOn Monday, investors will focus on data on the index of business activity in the manufacturing sector in key economies. As a rule, the index’s growth is accompanied by the strengthening of the national currency and vice versa. \r\n <\/div>\r\n \r\n
\r\n Main events of the day:\r\n <\/div>\r\n\r\n