TC Economic Insight - The Week Ahead (January 6 - 10)

By

Kim Ming Lam

calendar_month

January 3, 2025

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3

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TC Economic Insight - The Week Ahead (January 6 - 10)

TC Economic Insight - The Week Ahead (January 6 - 10)

Using Trading Central's "Economic Insight" investors can check out up-coming major economic data.

We are looking into the trading week of January 6-10:

We can select economic data of "High", "Medium" or "Low" importance, or any combination of such filters:

We can select which major economies to focus on:

U.S. stocks are softening recently after the Federal Reserve hinted at fewer interest-rate cuts in 2025.

The strength of the U.S. labor market remains a key factor in the central bank’s consideration of cutting rates. Therefore, investors should be watching closely the U.S. official jobs report due next Friday (January 10).

According to Trading Central's "Economic Insight", the U.S. economy may have added 200,000 Non-farm Payrolls in December with the Unemployment Rate ticking up to 4.3%. 

In the past 12 U.S. Non-farm Payroll Reports, within one hour from the event, EUR/USD fell in 58% of times (7 out of 12 events), marking a trading range of 72.48 pips on average.

Key Economic Data Forecasts:

(GMT+02:00 Central European Time) 

Happy Trading!

Source: Trading Central Economic Insight

Kim Ming Lam

Head of APAC Research
Ming graduated from Hong Kong University with a Bachelor's degree in mechanical engineering. He has been working in the financial services sector for over 10 years. He is currently tasked with providing clients with technical analysis views on forex and Asian stock indexes.

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