This website londonlovesbusiness.com/markets-focus-on-the-federal-reserve-and-us-data/ is currently offline. Cloudflare's Always Online™ shows a snapshot of this web page from the Internet Archive's Wayback Machine. To check for the live version, click Refresh.

Kyodo/Newscom / Newscom / Avalon

Markets focus on the Federal Reserve and US data

by Wael Makarem, Senior Market Strategist – MENA at Exness December 7, 2023

written by Wael Makarem, Senior Market Strategist – MENA at Exness 7^th Dec 23 3:53 pm

Financial markets could remain focused on major economic data releases in the few days ahead, before the Federal Reserve’s meeting next week.

The release of Non-Farm Payroll data on Friday could bring more information about the US job market along with the other data released this week.

US inflation figures’ publication could also remain an important data point and could attract attention on Tuesday. While the Federal Reserve is expected to maintain its interest rates unchanged on Wednesday, traders could focus on Jerome Powell’s comments as well as the FOMC’s economic projections.

The latter could affect anticipations regarding interest cuts, which are currently expected to start in March.