Is this the end of the recession? Euphoria in the markets after the NFP report [VIDEO]
After the last surprising NFP reading, euphoria appeared on the markets, which led, among others to new historical peaks at Nasdaq. Are data from the labor market really optimistic? Is this the end of the recession?
We invite you to a free online training with the chief economist XTB - Dr Przemysław Kwiecień, where we will take a closer look at the current market situation
End of recession on the horizon?
In the analysis, among others, about:
- NFP showed an unexpected increase in employment,
- Nasdaq at historic heights, euphoria in all markets,
- OPEC extends the agreement for another month,
- Protests in the USA without affecting the markets,
- Nice exports, poor imports from China for May,
- Decision FED this coming Wednesday.
In addition, due to the very dynamic situation caused by the spread of coronavirus worldwide, additional ones will be made available video reports on the impact of coronavirus on the global economy, analysis of the gold and oil market situation.
About the speaker
Dr Przemysław Kwiecień - Chief economist of X-Trade Brokers. Doctor of Economics at the University of Warsaw, graduate of the University of Warsaw and London Metropolitan University (MSc). Holder of the prestigious CFA certificate. He has been working for XTB since 2007, previously he gained experience as an advisor to the Minister of Finance, Mirosław Gronicki, and an economist at Bank Millennium. At XTB, he manages the Analysis Department.
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