Using Trading Central's "Economic Insight" investors can check out up-coming major economic data.
We are looking into the trading week of September 15-19:
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 coming week, the focus of the whole financial market will be on the U.S. Federal Reserve’s interest-rate decision due Wednesday (September 17).
According to Trading Central's "Economic Insight", the Federal Reserve is expected to cut its key interest rate by 25 basis points on Wednesday (September 17).
Seeing not-very-hot inflation and a weakening labor market, traders are betting that a 25-basis-point interest-rate cut by the Fed would be a sure case.
Even chances of a 50-basis-point cut are not deemed minimal.
In fact, all the three major U.S. stock indexes – the Dow Jones Industrial Average, the S&P 500 and the Nasdaq 100 – scored record-high closing levels in the past week, indicating that investors are expecting the Fed to keep cutting interest rates a while, which will be beneficial to prices of risk assets.
In July, within one hour after the Fed announced keeping interest rates unchanged, EUR/USD moved in a range of 75.9 pips, ending 56.1 pips lower.
Also in the coming week, central banks of Canada, the U.K. and Japan will set interest rates.
Key Economic Data Forecasts:
(GMT+02:00 Hour)
Happy Trading!
Source: Trading Central Economic Insight
