Using Trading Central's "Economic Insight" investors can check out up-coming major economic data.
We are looking into the trading week of September 8-12:
We can select economic data of "High", "Medium" or "Low" importance, or any combination of such filters:
We can select which major economies to focus on:
In the past week, the Institute for Supply Management (ISM) Manufacturing Index improved to 48.7, still a contraction reading.
Later we saw the release of a very downbeat jobs report. The addition of non-farm payrolls in the U.S. slumped to 22,000 in August, much weaker than expected, with the jobless rate rising to 4.3%.
While a 25-basis-point interest-rate cut by the Federal Reserve later this month looks like a sure case, expectations of a 50-basis-point cut are growing.
In the coming week, the European Central Bank (ECB) will unveil a new round of central-bank interest rate decisions.
According to Trading Central's "Economic Insight", the ECB is expected to keep its key interest rate unchanged at 2.15% on Thursday (September 11).
In July, within one hour from the ECB’s interest-rate decision, EUR/USD moved in a range of 32.1 pips, ending 4.3 pips higher.
Also within the coming week, official major U.S. inflation data will be released.
And in the next week, central banks of the U.S., Japan, the U.K. and Canada will also decide on interest rates.
Key Economic Data Forecasts:
(GMT+02:00 Hour)
Happy Trading!
Source: Trading Central Economic Insight
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