Using Trading Central's "Economic Insight" investors can check out up-coming major economic data.
We are looking into the trading week of February 2-6:
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, as expected, the U.S. Federal Reserve kept interest rates unchanged after three consecutive 25-basis-point rate cuts.
The central bank pointed out: "Available indicators suggest that economic activity has been expanding at a solid pace."
In the coming week, another key economic indicator will be available - the monthly official U.S. jobs report.
According to the forecast of Trading Central's "Economic Insight", the U.S. economy added 40,000 non-farm payrolls in January, up from 50,000 in December, with the jobless rate ticking up to 4.5%.
Also, U.S. President Donald Trump nominated Kevin Warsh, a former Federal Reserve governor, to be the next Federal Reserve chairman.
Meanwhile, both the Bank of England and the European Central Bank will decide on interest rates on Thursday (February 5).
(GMT+02:00 Hour)
Happy Trading!
Source: Trading Central Economic Insight
.png)
.png)
