Look ahead 1/11/23: Fed rates and US jobs numbers
Wednesday’s big trade is about the US economy. The ADP private payrolls release is expected to indicate that jobs are being created in an economy that appears to be working well in an inflationary environment. Can this continue?
(Video Transcript Summary)
Geopolitics, China keep investors edgy
In the next few days, there are a few important things happening that could affect the trading markets. One thing to keep an eye on is what's going on in the world. Geopolitics and the Chinese economy are both causing some concern.
We recently got some information that tells us that manufacturing in China is slowing down, and if it gets worse, it could impact the Hang Seng, the stock index for companies in Hong Kong.
UK housing report will shed light
Another thing to pay attention to is what's happening in the UK with housing prices. There's a report coming out about whether housing prices are going up or down, and this can give us an idea of the health of the housing market.
In the US, there are a few important things happening too. We'll get some numbers about employment, manufacturing and job openings. And there's also going to be an announcement about what the Federal Reserve (Fed) is going to do with interest rates, which can affect the value of the US dollar.
Company earnings reports due
Companies that will release updates about how they are doing include GlaxoSmithKline, Aston Martin Lagonda, Next, Kraft Heinz, Avis Budget, American International Group (AIG) and Mondelez.
Some of these companies might face challenges because it's getting more expensive for them to make their products and they might not be making as much money.
Overall, there are a lot of things happening that could affect the trading markets. It's important to pay attention to what's going on around the world, what's happening in different industries, and what reports and announcements are coming out. By doing this, we can try to make better decisions about buying and selling stocks or other investments.
The information on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG Bank S.A. accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer.
Act on share opportunities today
Go long or short on thousands of international stocks with CFDs.
- Get full exposure for a comparatively small deposit
- Trade on spreads from just 0.1%
- Get greater order book visibility with direct market access
See opportunity on a stock?
Try a risk-free trade in your demo account, and see whether you’re on to something.
- Log in to your demo
- Take your position
- See whether your hunch pays off
See opportunity on a stock?
Don’t miss your chance – upgrade to a live account to take advantage.
- Trade a huge range of popular stocks
- Analyse and deal seamlessly on fast, intuitive charts
- See and react to breaking news in-platform
See opportunity on a stock?
Don’t miss your chance. Log in to take your position.
Live prices on most popular markets
- Forex
- Shares
- Indices
Prices above are subject to our website terms and agreements. Prices are indicative only. All shares prices are delayed by at least 15 mins.
