Time for a summer holiday? Not yet, as this week promises to be super hot in financial markets.
The Fed eral Reserve's announcement leads three top rate decisions including the BoE and BoJ. A stream of important US data releases culminates in Friday's Nonfarm Payrolls. Middle-East tensions serve as a wildcard in the hot summer. Three central bank decisions and US jobs data – which is growing in importance as inflation fades – provide a jam-packed schedule. Outside normal events, the Middle East is in the limelight once again.
Ts job openings eyed by the Fed Wednesday, during the Asian session. It's time to end the speculation — USD/JPY was down 1,000 at one point, mostly fueled by thoughts that the Bank of Japan would publish a hawkish view in its rate decision. The time has come, and I expect Governor Kazuo Ueda and his colleagues to stick to a more cautious approach.
Ts job openings bumped up in May to 8.14 million from 7.92 million in April, ending a streak of declines. Is hiring on the rise again? US Ts. Source: FXStreet Apart from the headline, the level of quits is of interest. When people feel confident about their professional prospects, they leave their jobs more frequently, while a cool labor market means people stick to their positions. 3) BoJ hawks may return to their nests Wednesday, during the Asian session. It's time to end the speculation—USD/JPY was down 1,000 at one point, mostly fueled by thoughts that the Bank of Japan would publish a hawkish view in its rate decision.
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