2 reasons to earn this week: ECB rate decision and Nonfarm Payrolls

0
100
views
FreshForex Company News
FreshForex Company News

2 reasons to earn this week: ECB rate decision and Nonfarm PayrollsDear client,

This week there are two key economic events that are likely to cause volatility in market!

European Central Bank meeting

On March 7th at 12.45 noon GMT European Central Bank meeting will be held to decide on interest rate. Leading FreshForex analyst tells what to expect from the ECB meeting:

“Weak economy of the eurozone is likely to force ECB to lower the GDP and inflation forecasts. On Thursday consider buying #DAX30, #CAC40, #ESTX50 and selling EURASD, EURCAD.”

February Non-farm Payrolls

On March 8th at 1.30pm GMT Nonfarm Payrolls is to be released. This report shows changes in number of people employed in USA non-farm sector. Total number of employed in this sector is about 80% of workers producing USA GDP.

That is why NFP offers the best economics review and causes high volatility in markets!

Leading FreshForex analyst tells what to expect from the NFP release:

“Growth of employment in services sector signals that release is likely to be above the mid-point. On Friday consider buying #SP500, #Boeing, #Facebook, #Exxon.”

Prepare for volatile market in advance and increase your deposit with Deposit Bonus 200%!

2 reasons to earn this week: ECB rate decision and Nonfarm Payrolls

Click here to open an account at FreshForex.