Weekly review: Gold, USD, EURUSD and Dow Jones

Global markets ended last week on mixed after Jan US job market numbers exceeded market forecasts that fuelled expectations that the US Fed will continue to raise interest rates aggressively to combat inflation. Total nonfarm payroll employment increased by 517,000 in January, and the unemployment rate edged down to 3.4 percent. Economists had estimated that 185,000 jobs were added last month.

Moving ahead, this week Investors and traders should shift their emphasis from economic data to the Q4 earnings season and the latest comments from the FED policymakers after the release of strong US jobs data last week. On the other hand, the important economic events to watch are the series of inflation numbers from China and Germany, the RBA decision and the UK GDP.

On the earnings front, the companies scheduled to release their last quarter financial results this week will be Walt Disney, Uber, Lyft, PayPal and Pinterest.

Check out the detailed weekly analysis here - https://gulfbrokers.com/en/weekly-review-gold-usd-eurusd-and-dow-jones-66