Using Trading Central's "Economic Insight" investors can check out up-coming major economic data.
We are looking into the trading week of September 22-26:
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:
Last Wednesday, as widely expected, the U.S. Federal Reserve lowered its key interest rates by 25 basis points, and the central bank projected at least two more 25-basis-point cuts by the end of the year.
Then on Thursday, all the three major U.S. stock indexes – the Dow Jones Industrial Average, the S&P 500 and the Nasdaq 100 – cheered the Fed’s decision by marking record-high closing levels.
And the Russell 2000 small-cap index also attained a record close.
No doubt the Fed’s rate decision remains a key driving force behind the stock market.
The Core Personal Consumption Expenditure (PCE) Price Index, the Fed’s favorite inflation gauge, will be released next Friday (September 26), and should be closely watched by investors.
According to Trading Central's "Economic Insight", the Core PCE price inflation is expected to tick up to 3.0% year-on-year in August.
In August, within one hour after the Core PCE Price Index was released, EUR/USD moved in a range of 15.1 pips, ending 4.4 pips higher.
Key Economic Data Forecasts:
(GMT+02:00 Hour)
Happy Trading!
Source: Trading Central Economic Insight
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