Events to Look Out for Next Week

Wednesday – 02 February 2022


  • OPEC-JMMC meeting attended by representatives from the 13 OPEC members and 11 other oil-rich nations.
  • Consumer Price Index (EUR, PKT 3:00Pm)
امید کی جارہی ہے کہJanuary کاPrel. Euro Area کافیDip کا شکار ہوگا. اس میں کمی آسکتی ہے%5.0 y/y سے%4.4 y/y تک.
  • ADP Employment Change (USD, PKT 6:15Pm)
Key private payrolls numberسے صرف250k بڑھنے کی امید ہے. یہLast month 870kسے تقریبا550k decline ہے.

Thursday – 03 February 2022


  • Event of the Week – Interest Rate Decision, Statement and MPC Voting (GBP, PKT 5:00Pm) 
December میںBoE نےRates lift کیئے. اب موجودہFed announcement, Rate 0.25% کرچکاہے. اب مارکیٹسGBPکی طرف سےMPC کی منتظر ہیں.BoE کے حساب سےLabor market tight ہے.Wages کافیHigh رہیںShortages کی وجہ سے. اس لیے مزیدRate hikes ہوسکتےہیں.
  • Event of the Week – Interest Rate Decision, Statement and Conference (EUR, PKT 5:45Pm- 6:30Pm)
ECBکی طرف سےOngoing shift متوقع ہے.December forecasts میںInflation 2%سے نیچے ہے. اس لیےMain scenario ہے کہECB Rate hold کرےگا اس پورے سال اورFirst rate hike سے پہلےPurchases میں کمی کرکے بالکل ختم کردےگا.APP program کی مزیدDetails اسMeeting میں سامنے آئیں گی.
  • Non-Manufacturing PMI (USD, PKT 8:00Pm)
Expectedہے کہISM steady رہےگاIn December 62.0. اس کاAll-time high 69.1 تھا جوکہ Novemberمیں ہوا اورPrior all-time high ہواتھا66.7 کاOctober میں.

Friday – 04 February 2022


  • Event of the Week – Non-Farm Payrolls (USD, PKT 6:30Pm)
امید ہے کہJanuary NFP 250k اضافہ ہوگا.December میں199k کا اضافہ ہوا.Omicron wave کی وجہ سےRestraint ہوسکتےہیں. اس کے ساتھWorkweek اورHourly earnings میںBoost ہوسکتےہیں. .December Jobless claim میں کمی برقرار%4.2 سے%3.9 تک.Hour worked میں اضافہ%0.3تک اضافہ%0.2 سے جبکہy/y wage بھیIncrease ہوسکتی ہے%4.7 سے%5.2 تک.
  • Employment data (CAD, PKT 6:30Pm)
December میںCanada’s employment 54.7k بڑھی.November میں یہ153.7k بڑھی.
Jobless rate میں کمی%6.0 سے%5.9 تک.

Click here to access our Economic Calendar

Andria Pichidi

Market Analyst

Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in Leveraged Products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.