076 – NFP print reinforces a resilient job market despite revisions
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The NFP showed higher average hourly earnings and a lower unemployment rate than expected. The FOMC statement suggests a pause, the RBA delivered a surprise rate hike and the ECB increased rates by a smaller increment. This week we get CPI data on Wednesday and the BoE is expected to increase its official bank rate by 25bps. Disney is set to release results this week and Friday delivers UK GDP and industrial production.
Senior Market Specialist
Russell Shor joined FXCM in October 2017 as a Senior Market Specialist. He is a certified FMVA® and has an Honours Degree in Economics from the University of South Africa. Russell is a full member of the Society of Technical Analysts in the United Kingdom. With over 20 years of financial markets experience, his analysis is of a high standard and quality.
Senior Financial Editorial Writer
Nikos Tzabouras is a graduate of the Department of International & European Economic Studies at the Athens University of Economics and Business. He has a long time presence at FXCM, as he joined the company in 2011. He has served from multiple positions, but specializes in financial market analysis and commentary.
With his educational background in international relations, he emphasizes not only on Technical Analysis but also in Fundamental Analysis and Geopolitics – which have been having increasing impact on financial markets. He has longtime experience in market analysis and as a host of educational trading courses via online and in-person sessions and conferences.