The Week Ahead: 2nd – 6th January 2023

Overview for the Week Ahead

The December jobs report and details from the Federal Reserve’s last policy meeting of 2022 will headline a short opening week of 2023 for investors as Wall Street limps into a new year after its worst run since the Global Financial Crisis.

U.S. stock and bond markets will be closed on Monday, January 2, in observance of New Year’s Day.

Economic data will pick up when traders return to a four-day trading week after a quiet end of December.

The Labour Department will publish its jobs report for December at 15.30 GMT+2 on Friday, and economists expect a payroll gain of 200,000 jobs last month, per Bloomberg consensus estimates.

Outside of the headline jobs data, three additional updates on the labour market will be on the docket for investors this week, with the latest Job Openings and Labour Turnover Survey (or JOLTS report), ADP’s private payrolls data, and the Challenger Job Cuts report all due out.

For Europe, next Friday, euro traders are on guard. The Core CPI Flash Estimate y/y is due during the European session.

Given the previous print of 5% and the increasingly hawkish ECB, it is time to see if inflation has peaked in Europe or not.

Have your trading charts ready!

This Week’s High Impact Events

The times below are GMT +2.

Monday 2nd January

  • No High Impact Events

Tuesday 3rd January

  • All Day – OPEC-JMMC Meetings

Wednesday 4th January

  • 09.30 – Switzerland – CPI m/m

Potential instruments to Trade: CHF Crosses. 

  • 17.00 – US – ISM Manufacturing PMI & JOLTS Job Openings

Potential instruments to Trade: USD Crosses. 

  • 21.00 – US – FOMC Meeting Minutes

Potential instruments to Trade: USD Crosses. 

Thursday 5th January

  • 15.15 – US – ADP Non-Farm Employment Change

Potential instruments to Trade: USD Crosses. 

Friday 6th January

  • 12.00 – Europe – CPI Flash Estimate & Core CPI Flash Estimate y/y

Potential instruments to Trade: EUR Crosses. 

  • 15.30 – Canada – Employment Change & Unemployment Rate

Potential instruments to Trade: CAD Crosses. 

  • 15.30 – US – Average Hourly Earnings m/m, Non-Farm Employment Change, & Unemployment Rate

Potential instruments to Trade: USD Crosses. 

  • 17.00 – US – ISM Services PMI       

Potential instruments to Trade: USD Crosses. 

If you have any questions or require any assistance, please contact one of our support team members via our Live Chat or email

We are Errante. Trading made personal.

Errante is regulated by the Seychelles Financial Services Authority (FSA) under license number [SD038].

To find out more about Errante, visit

Get started for free

Create Account