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Home » News » Currencies » [Video] PMI’s and US jobs report in the week ahead, but trade wars linger

Monday through Thursday of next week is peppered with assorted PMI readings from the UK and Eurozone. The significance here is that the market is looking for indications that either of those economies are running out of steam. Any suggestion that this is happening will see pressure heaped onto Pound or Euro crosses accordingly.

Being a new month, we also have US non-farm payrolls to look forward to on Friday with the usual flourish of volatility this brings. However, concern is also creeping in that Trump’s trade tariffs are stifling growth across the Atlantic.

Against this uncertainty, the safe haven lure of the dollar may put the greenback in pole position.

This article is not investment advice. Investors should do their own research or consult a professional advisor.

Michael Morton

Michael Morton

Michael has worked within the Financial Industry for more than 20 years. Starting out as a financial analyst, he has extensive experience working with fund management groups and brokerages.

With an interest in Stocks and Shares, Funds, ETFs and Commodities, his investment focus is medium to long term gains, with the objective of financial security on retirement, and building wealth for his young children for their adult life. His broker of choice is Hargreaves Lansdown.

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