Michael Kramer highlights the near-term levels to watch across major stock indices, FX pairs and commodities ahead of today’s revised US employment numbers, which are expected to show that annual payroll figures were lower than originally estimated. Also in traders’ sights is the three-day gathering of central bankers in Jackson Hole, Wyoming, which starts tomorrow. The focus will be on US Federal Reserve chair Jay Powell’s speech on Friday, and whether an expected interest rate cut can help the US economy dodge a recession.
Website: http://www.cmcmarkets.com/en-gb/
➡️ Subscribe and don't miss another update! / @cmcmarketsplc
Follow us on Twitter: / cmcmarkets
Follow us on LinkedIn: / cmc-markets
This video is for general information only and is not intended to provide trading or investment advice or personal recommendations. Any information relating to past performance of an investment does not necessarily guarantee future performance. CMC shall not be responsible for any loss that you incur, either directly or indirectly, arising from any investment based on any information in this video. Please remember spread betting and trading CFDs carries significant risks and may not be suitable for all investors.