("NFP" in America, GDP indicators in the Eurozone, England and Japan) Analysts of the InvestAZ Investment company reported on the latest situation in the world financial markets this week and what is expected in the short term.

"APA-Economics" informs that after Fed Chairman Jerome Pavel's harsh statements about the future of monetary policy, who made a semi-annual "Monetary Policy Report" at the Banking, Housing and Urban Affairs Committee of the US Senate at the beginning of last week, on March 21-22, the Fed will The probability that interest rates will increase by 50 basis points at the meeting to be held has increased to 70%, which in turn supported the sharp appreciation of the dollar against major currencies.

However, towards the end of the week, against the background of macroeconomic indicators announced in America, the dollar fell sharply on the world stock exchanges.

So, while the "NFP" indicator announced on Friday increased by 311,000 in February, the overall unemployment rate increased from 3.4% to 3.6%.

While average hourly earnings, closely watched by the Fed, rose 0.2% over the same period, analysts 0.

While the Consumer Price Index (CPI) and Producer Price Index (PPI) rose 6.4% and 6% respectively in January in the United States, both indicators were above market expectations, raising questions about the downward trend in inflation.

Although factory orders in the country decreased by 1.6% in the first month of the year, they remained below forecasts.

The volume of retail sales turnover increased by 3% in January, more than predicted.

Although the number of "JOLTS" vacancies in the country decreased to 10,842,000 in January, it was noted that the latest figures remained above the forecasts.

The Fed's "Beige Book Report" this month also shows overall economic activity increasing "slightly" in early 2023.

It was pointed out that despite the slowdown in price increases in many regions, inflationary pressures continue to be widespread, and price increases are expected to continue moderately throughout the year.

The dollar fell sharply on Friday, falling to 103.50 points on the background of increased uncertainties due to the impact of mixed macroeconomic indicators.

The Consumer Price Index and the Producer Price Index for February, which will be released in America this week, can seriously affect the course of the trend in DXY.

EUR

Inflation indicators to be announced in the Eurozone this week and the interest rate decision of the European Central Bank may play an important role in the formation of the trend in the EURUSD exchange rate.

According to the analysis, if the upward trend in the dollar index strengthens, the euro may depreciate to $1.05 against the dollar.

GBP.

Statistics on the labor market that will be published in England this week may have a serious impact on how the trend will continue in the GBPUSD exchange rate, which finished last week above the level of $1.20.

GOLD.

Gold rose to $1,866 on the back of the DXY retreating to meet resistance at 105.50 points after the release of mixed macroeconomic indicators in America.

According to the analysis, this week in the Eurozone and America

the inflation indicators to be announced, as well as the interest rate decision of the European Central Bank, may lead to increased activity in the currency markets.

This may result in a decrease in demand for the precious metal.

If the "bears" get the upper hand, the price of the precious metal could fall again to $1,841 and $1,830 per ounce.

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