Using Trading Central's "Economic Insight" investors can check out up-coming major economic data.
We are looking into the trading week of September 30 - October 4:
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:
The U.S. Federal Reserve announced an outsized 50-basis-point interest-rate cut in September amid a weakening labor market.
The central bank is highly likely to cut rates further in November, and the cut’s extent should be determined by the labor-market condition.
Next Friday (October 4) will see the release of the closely-watched monthly U.S. official labor report. According to Trading Central's "Economic Insight", the growth of Non-Farm Payrolls may slow to 130,000 in September with the jobless rate rising to 4.3%.
In the past 12 U.S. Non-Farm Payrolls reports, within one hour from the event, EUR/USD rose in 50% of times (6 out of 12 events), marking a trading range of 57.29 pips on average.
(GMT+02:00 Central European Time)
Happy Trading!
Source: Trading Central Economic Insight