Skip to content

We want to clarify that IG International does not have an official Line account at this time. We have not established any official presence on Line messaging platform. Therefore, any accounts claiming to represent IG International on Line are unauthorized and should be considered as fake.
CFDs are complex instruments. 72% of retail client accounts lose money when trading CFDs, with this investment provider. You can lose your money rapidly due to leverage. Please ensure you understand how this product works and whether you can afford to take the high risk of losing money.
CFDs are complex instruments. 72% of retail client accounts lose money when trading CFDs, with this investment provider. You can lose your money rapidly due to leverage. Please ensure you understand how this product works and whether you can afford to take the high risk of losing money.

Week Ahead starting 3/7/23: NFP; FOMC minutes; RBA; Sainsbury’s trading and AO World earnings

Plenty of market-moving action including the key US jobs report, FOMC minutes, and could there be another rate hike from Australia? Plus, look out for inflation signals from Sainsbury’s, AO World, and Topps Tiles.

Video poster image

Consumption, NFP and FOMC minutes

The focus remains on the consumer in a week when we have a raft of consumption-related earnings and data, and the key US jobs report and FOMC minutes.

Monday

On Monday, watch out for the Tankan survey from Japan and the latest Caixin reading out of China. Investors had been hoping the post-COVID reopening in the world’s most populous country would boost the global economy, but it has not quite happened. US manufacturing PMIs out on Monday will also be watched in a time when the latest US GDP reading showed the world’s biggest economy was stronger than thought in Q1.

Tuesday and Wednesday

The key data points mid-week include an interest rate decision from Australia, where another rate hike could be on the cards, but it is expected to be a close call. Germany releases trade figures and we have the services part of the Caixin out of China. In addition to the economic mood music, we also get the FOMC minutes.

Thursday

The Australia theme continues on Thursday with trade figures released. The latest JOLTS report out of the US will be pounced upon, especially since it comes a day before the all-important US jobs report on Friday.

Friday

NFP data is the main risk event. Other than that, we also have German industrial production figures amid a smattering of recent data suggesting Europe’s economic powerhouse is losing momentum.


This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material 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 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. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research 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.

Seize a share opportunity today

Go long or short on thousands of international stocks.

  • Increase your market exposure with leverage
  • Get spreads from just 0.1% on major global shares
  • Trade CFDs straight into order books with direct market access
Learn more

Live prices on most popular markets

  • Forex
  • Shares
  • Indices

You might be interested in…

<h3>How much does trading cost?</h3>
<h3>Find out about IG</h3>
<h3>Plan your trading</h3>

Find out what charges your trades could incur with our transparent fee structure.

Discover why so many clients choose us, and what makes us a world-leading provider of CFDs.

Stay on top of upcoming market-moving events with our customisable economic calendar.