- Social Hub
- Offering
- Resources
- Company
- Partnerships
Traders, get ready—it’s a packed week for economic data that could drive market moves. The spotlight is on the US Nonfarm Payrolls (NFP) report, a key indicator of job growth. A strong number might boost the USD and delay hopes for Fed rate cuts, while weak data could stoke recession fears.
Beyond jobs, the ISM Manufacturing and Services PMI reports will shed light on economic activity, potentially influencing stocks and bonds. Meanwhile, inflation data from Japan and the Eurozone could shake up currency markets, especially if they shift expectations for the BOJ and ECB.
Understanding the U.S. Nonfarm Payrolls (NFP) Report
The Nonfarm Payrolls (NFP) report, released monthly by the Bureau of Labor Statistics (BLS), tracks employment changes across various sectors, excluding farm workers and certain other categories. It serves as a key indicator of U.S. labor market health and economic activity.
Recent Trends in NFP
In January 2025, the U.S. added 143,000 jobs, slightly below expectations but consistent with a stable labor market. Over the past year, job growth averaged 168,000 per month.
February 2025 NFP Outlook
The upcoming February NFP report is expected to show 160,000 new jobs and an unchanged 4% unemployment rate. However, some economists foresee weaker numbers due to recent economic pressures. Investors are watching closely, as the data could impact market sentiment and Fed policy.
Understanding the ECB Monetary Policy Meeting
The European Central Bank (ECB) holds monetary policy meetings every six weeks to set interest rates and guide economic policy in the eurozone. The goal is to maintain price stability and support growth.
Recent Trends & Next Meeting
At its January 2025 meeting, the ECB cut rates by 25 bps to 2.75%, responding to easing inflation (2.4% in February) and slowing economic growth.
The next meeting on March 6, 2025, may see another 25 bps cut to 2.5%, but global uncertainties—U.S. tariffs and European politics—could influence the decision.
Implications for the Eurozone
Lower rates aim to boost growth, yet stagnation and service sector price pressures may limit further cuts. Investors will watch closely for signs of the ECB’s future policy path.
With key data ahead, this week could bring major market moves—stay sharp and ready for any shifts!
IMPORTANT NOTICE: Any news, opinions, research, analyses, prices or other information contained in this article are provided as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and therefore, it is not subject to any prohibition on dealing ahead of dissemination. Past performance is not an indication of possible future performance. Any action you take upon the information in this article is strictly at your own risk, and we will not be liable for any losses and damages in connection with the use of this article.
RISK WARNING: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage of retail client investors lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Related articles
NAGA Weekly Recap March 3 - 7, 2025
7 March 2025
10 views
Markets are on high alert as inflation, growth data, and geopolitical tensions drive volatility. Central banks, stock sectors, commodities like oil and gold, and forex pairs are all reacting. Stay updated on how these factors are shaping the financial landscape.
Read more
Gladys Eguia
NAGA Weekly Recap February 24 - 28, 2025
28 February 2025
45 views
Markets are navigating uncertainty as inflation fears, mixed economic data, and geopolitical risks shape investor sentiment. Central banks' actions and consumer spending trends are in focus, while sector-specific stock moves, commodity shifts, and forex fluctuations add complexity.
Read more
Gladys Eguia
Need Help? Visit our Help Section
Download NAGA Trader
Markets
Platforms
Pricing & Terms
Company
Documentation
Partnerships
Help & Support
Social Hub
Free Education
News & Analysis
Download NAGA Trader
Copyright © 2024 – All rights reserved.
NAGA is a trademark of The NAGA Group AG, a German based FinTech company publicly listed on the Frankfurt Stock Exchange | WKN: A161NR | ISIN: DE000A161NR7.
The website is operated by NAGA Capital Ltd which is authorised and regulated by the Financial Services Authority Seychelles (FSA) under licence No. SD026. The registered address of Suite 3, Jivan’s Complex, Global Village, Mont Fleuri, Mahe, Seychelles. Tel: +248 4373121
Partner Companies: NAGA Markets Europe Ltd, authorised and regulated by the Cyprus Securities and Exchange Commission ("CySEC") under license No. 204/13 with registered address at Agias Zonis 11, Limassol, 3027, Cyprus and NAGA Global (CY) Ltd, with registered address at Nikokreontos 2, NICE DREAM, 6th floor, Flat/Office 601, 1066, Nicosia, Cyprus.
RISK WARNING: Derivatives are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how derivatives work and whether you can afford to take the high risk of losing your money. This is not investment advice. Trading with NAGA Trader by following and/or copying or replicating the trades of other traders involves high levels of risks, even when following and/or copying or replicating the Lead Traders. Such risks include the risk that you may be following/copying the trading decisions of possibly inexperienced/unprofessional traders, or traders whose ultimate purpose or intention, or financial status may differ from yours. Before making an investment decision, you should rely on your own assessment of the person making the trading decisions and the terms of all the legal documentation.
Restricted countries: NAGA Capital Ltd does not provide services for the residents of certain countries, such as Afghanistan, Albania, American Samoa, Anguilla, Australia, Austria, Barbados, Belarus, Belgium, Bermuda, British Indian Ocean Territory, Bulgaria, Burkina Faso, Canada, Cayman Islands, Central African Republic, Christmas Island, Cocos (Keeling) Islands, The Democratic Republic of the Congo, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Falkland Islands (Malvinas), Finland, France, Germany, Gibraltar, Greece, Guam, Haiti, Heard Island and McDonald Islands, Hungary, Iceland, Islamic Republic of Iran, Ireland, Isle of Man, Israel, Italy, Jamaica, Japan, Jersey, Democratic People's Republic of Korea, Latvia, Libyan Arab Jamahiriya, Liechtenstein, Lithuania, Luxembourg, Mali, Malta, Montserrat, Mozambique, Myanmar, Netherlands, New Zealand, Norfolk Island, Norway, Palestinian Territory, Occupied, Pitcairn, Poland, Portugal, Romania, Russian Federation, Saint Helena, Ascension and Tristan Da Cunha, San Marino, Senegal, Serbia, Slovakia, Slovenia, Somalia, South Georgia and the South Sandwich Islands, South Sudan, Spain, Sri Lanka, Sweden, Switzerland, Syrian Arab Republic, Trinidad and Tobago, Tunisia, Turks and Caicos Islands, Uganda, Ukraine, United Kingdom and any other countries where the citizens have British proof of identity (i.e. British Virgin Island, Gibraltar, Isle of Man etc.), United States, U.S. Minor Islands, Vanuatu, Virgin Islands, British, Virgin Islands, U.S., Yemen, and Zimbabwe.