Next week's macro outlook: Non-farm payroll data to be released, precious metal trends may influence capital flow

BlockBeats News, February 1 — This week’s market experienced macro events such as the FOMC meeting and the nomination of the Federal Reserve Chair. After a mid-term rally in precious metals, prices also plummeted sharply this week. Whether the trend can reverse and if funds will flow back into the crypto space are worth关注.

Next week, there are fewer major macro events and data releases, but market disruptions may include the Bank of Japan’s January monetary policy meeting summary and US non-farm payroll data, specifically:

Monday:

US January S&P Global Manufacturing PMI Final, US January ISM Manufacturing PMI;

Bank of Japan January Monetary Policy Meeting Summary of Opinions.

Tuesday:

US December JOLTs Job Openings; FOMC voting member for 2027, Atlanta Fed President Bostic’s speech;

Federal Reserve Board Member Bostic’s speech.

Wednesday:

US API and EIA crude oil inventories for the week ending January 30; France, Germany, Eurozone, UK January Services PMI Final;

Eurozone January CPI YoY preliminary, Eurozone January CPI MoM preliminary, Eurozone December PPI MoM;

US January ADP employment change, US January S&P Global Services PMI Final, US January ISM Non-Manufacturing PMI.

Thursday:

US initial jobless claims for the week ending January 31, US January Global Supply Chain Pressure Index;

FOMC voting member for 2027, Atlanta Fed President Bostic participates in monetary policy dialogue and Q&A.

Friday:

US January Unemployment Rate, US January Non-Farm Payrolls (seasonally adjusted);

US 2025 Non-Farm Employment Change Final (not seasonally adjusted);

US February 1-year inflation expectations preliminary; US University of Michigan Consumer Sentiment Index preliminary.