Next Week Macro Outlook: Non-Farm Payrolls Data Release, Precious Metals Movement May Impact Fund Flows

BlockBeats News, February 1st. This week, the market experienced macro events such as the FOMC meeting and the confirmation of the Federal Reserve Chairman nomination. After experiencing a mid-term strength, precious metals also sharply fell this week. The future trend will have a significant impact on short-term fund flows, which is worth paying attention to.

Next week, there are few major macro events and data releases that may disrupt the market, including the Bank of Japan's January monetary policy meeting minutes and the U.S. non-farm payroll data, as follows:

Monday:

U.S. January final S&P Global Manufacturing PMI, U.S. January ISM Manufacturing PMI;

Bank of Japan releases summary of opinions from January monetary policy meeting deliberation.

Tuesday:

U.S. December JOLTs Job Openings; 2027 FOMC voter and Atlanta Fed President Bostic speak;

Federal Reserve Governor Bowman speaks.

Wednesday:

U.S. API and EIA crude oil inventory data up to January 30th; France, Germany, Eurozone, UK January final Services PMI;

Eurozone January CPI YoY flash estimate, Eurozone January CPI MoM flash estimate, Eurozone December PPI MoM;

U.S. January ADP Employment Change, U.S. January S&P Global Services PMI, U.S. January ISM Non-Manufacturing PMI.

Thursday:

U.S. initial jobless claims up to January 31st, U.S. January Global Supply Chain Pressure Index;

2027 FOMC voter and Atlanta Fed President Bostic participate in a dialogue and Q&A session on monetary policy.

Friday:

U.S. January Unemployment Rate, U.S. January Nonfarm Payrolls;

U.S. 2025 Nonfarm Employment Benchmark Revision final value (non-seasonally adjusted);

U.S. February 1-year Inflation Expectations preliminary value;

U.S. February University of Michigan Consumer Sentiment Index preliminary value.