TC Economic Insight - The Week Ahead (Mar 11

TC Economic Insight - The Week Ahead (Mar 11 - 15)

Using Trading Central's "Economic Insight" investors can check out up-coming major economic data.

We are looking into the trading week of March 11 - 15:

We can select economic data of "High", "Medium" or "Low" importance, or any combination of such filters:

We can select which economies to focus on:

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While reporting to U.S. Congress last week (Wednesday & Thursday), Federal Reserve Chairman Jerome Powell pointed out that, if inflation signals cooperate, the central bank is not far from the point of cutting interest rates.

The stock market responded positively to Powell’s relatively dovish comments, as the S&P 500 Index marked a record close Thursday.

Any data suggesting easing inflation will lead to growing expectations of the Fed cutting rates soon and, in turn, better market sentiment and higher stock indexes.

The next set of key U.S. inflation data will be released on Tuesday (March 12). According to Trading Central's "Economic Insight", U.S. Inflation Rate would tick up to 3.2% on year in February, while the Core Inflation Rate may slow to 3.8%.

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In the past 12 U.S. Inflation Reports, EUR/USD fell in 58% of times (7 out of 12 events) within one hour from the report’s release, marking a trading range of 70.73 pips on average.