{"id":661858,"date":"2025-06-30T13:20:30","date_gmt":"2025-06-30T11:20:30","guid":{"rendered":"https:\/\/ftmo.com\/?p=661858"},"modified":"2025-06-30T13:56:58","modified_gmt":"2025-06-30T11:56:58","slug":"trading-week-ahead-powells-speech-nfp-could-spark-big-moves","status":"publish","type":"post","link":"https:\/\/ftmo.com\/en\/trading-week-ahead-powells-speech-nfp-could-spark-big-moves\/","title":{"rendered":"Trading Week Ahead: Powell\u2019s Speech & NFP Could Spark Big Moves"},"content":{"rendered":"
The markets are setting up for a busy ride with Powell<\/strong> back at the mic. NFP and fresh ISM data are on deck. Traders are bracing for a week full of setups and surprises.\u00a0Whether you’re trading the dollar, yields, or equities, this week\u2019s data could be the catalyst that sets the tone for summer. Big moves are in play, and the only question is, are you ready to catch the momentum?\u00a0<\/strong><\/p>\n Here\u2019s what traders should watch and how it might play out in the price action:<\/p>\n \u2022 Fed Chair Powell Speaks<\/strong> \u2022 Non-Farm Payrolls<\/strong> \u2022 ISM Manufacturing & Services PMI<\/strong>
\nJerome Powell\u2019s midweek appearance will be scrutinised for clues on the Fed\u2019s monetary stance. Any tilt toward a dovish pivot could weaken the dollar and boost risk assets, while reaffirmed hawkishness may lift yields and support the greenback.<\/p>\n
\nJuly\u2019s NFP release (Thursday) is the key macro catalyst, with expectations set for a slowdown in job creation to 120,000 from 139,000 in the prior month. A softer print could ignite dovish Fed speculation and weigh on the USD, while a stronger-than-expected figure may reinforce higher-for-longer rate bets and support dollar strength.<\/p>\n
\nMarkets will closely track Tuesday’s Manufacturing PMI, expected to edge up slightly to 48.8 from 48.5, still below the 50 threshold that separates contraction from expansion. Meanwhile, Thursday\u2019s Services PMI is forecast to rise to 50.8 from 49.9, signalling a possible return to expansion. Upside surprises could lift risk sentiment and dampen Fed cut expectations.<\/p>\n