TC Economic Insight - The Week Ahead (September 11-15)
We are looking into the trading week of September 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:
The main focus of the market is whether the U.S. Federal Reserve will pause its interest-rate hikes soon. One of the key factors influencing the central bank’s decision is the latest U.S. inflation rate, which will be released on Wednesday (September 13).
In the past 12 U.S. Inflation Rate reports, EUR/USD rose in 67% of times (8 out of 12 reports) within one hour from the report’s release, marking a trading range of 89.71 pips on average.
Other key economic data include:
Monday (September 11)
No major economic releases.
Tuesday (September 12)
Australia Westpac Consumer Confidence Index (SEP) expected to climb to 81.5.
U.K. Jobless Rate (JUL) to remain at 4.2%.
Germany ZEW Economic Sentiment Index (SEP) expected to improve to -12.
Wednesday (September 13)
Japan Producer Prices Growth (AUG) to ease to 3.2% on year.
U.K. GDP (JUL) is expected to fall 0.3% on month.
U.K. Industrial Production (JUL) to decline 1.1% on month.
Eurozone Industrial Production (JUL) to drop 0.3% on month.
U.S. Inflation Rate (AUG) expected to accelerate to 3.4% on year.
Thursday (September 14)
Australia Jobless Rate (AUG) expected to fall to 3.6%.
Japan Machinery Orders (JUL) to grow 1.8% on month.
The European Central Bank (ECB) is expected to keep its key rate unchanged at 4.25%.
U.S Retail Sales (AUG) expected to grow 0.4% on month.
U.S. Producer Price Growth (AUG) to accelerate to 1.3% on year.
Friday (September 15)
China Industrial Production (AUG) expected to grow 3.5% on year.
China Retail Sales (AUG) to increase 2.6% on year.
U.S. New York State Manufacturing Index (SEP) to improve to -8.
U.S. Industrial Production (AUG) to increase 0.2% on month.
U.S. Michigan Consumer Sentiment Index (SEP) to tick up to 70.0.
Source: Trading Central Economic Insight