The data released yesterday in the USA shows that employment recovery continues. In the week ended January 28, the weekly unemployment rate fell by 246 thousand people. Ongoing unemployment claims were 2 million 6 thousand people. Wednesday's ISM manufacturing index and ADP private sector employment figures are on the rise, positive for the country's economy. However, despite all these developments, the Dollar Index continues to be under pressure with Trump uncertainty.
Failure of the bank to present a clear view at the Fed meeting this week also created question marks for the March meeting. This point will be important to be announced today. It is expected that the increase in non-agricultural employment will be 175 thousand in January, while the unemployment rate is expected to be 4.7 %. The average hourly earnings, which are effective on inflation, are expected to lose momentum with an annual rate of increase of 2.7 %.

Comment Send

• 

  Germany is pricing strong economic growth

• 

  American stock market lost momentum after tax reform

• 

  Global markets are pricing "Noel holiday" with lower volatility

• 

  S&P is increasing the credit rating of France

• 

  European Central Bank makes a revision on growth and inflation forecasts

• 

  Oil is trying 50 USD level with OPEC’s alternative solutions about Iraq Problem

• 

  USD/TRY is Testing New Records

• 

  Global markets are following the latest developments from the UK

• 

  French Presidential elections are affecting the positive atmosphere on Euro

• 

  Moody's focuses on the increasing risk factors