280 days ago • Posted by Paul de La Baume
#Stocks: Focus turns to #Jobs. #WSJ article & Key Dates. $SPY $QQQ #trading #investing
The WSJ published an interesting article this morning about how the US jobs market is showing signs of cooling. Markets are looking for both signs of cooling inflation, and jobs, to prompt central banks to slow down tightening. The WSJ paper highlights data from recruiting firms signaling slowing demand for labor. To monitor: on 8th March the January JOLTs Job Openings and Feb nonfarm employment, and more importantly, the US February jobs report on Friday 10th March. And the week after, it will be back to inflation data with Feb CPI on March 14th.