Using Trading Central's "Economic Insight" investors can check out up-coming major economic data.
We are looking into the trading week of August 18-22:
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:
U.S. data show that inflation is holding up while the job market is slowing. However market expectations are still that the Federal Reserve will probably cut interest rates by 25 basis points in September.
According to the Chicago Mercantile Exchange (CME) Group's “FedWatch” tool, a popular rate-move expectation gauge, traders are seeing a 93% chance of a 25-basis-point rate cut in September.
Federal Reserve Chair Jerome Powell is scheduled to give a speech on the economic outlook and the Fed's review of its policy framework next Friday (August 22) at the Fed's annual central banking conference in Jackson Hole, Wyoming.
This should be the most important economic & financial event in the coming week.
In July, within one hour from Powell’s speech, EUR/USD moved in a range of 17.9 pips, ending 1.4 pips lower.
Key Economic Data Forecasts:
(GMT+02:00 Hour)
Happy Trading!
Source: Trading Central Economic Insight
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