Using Trading Central's "Economic Insight" investors can check out up-coming major economic data.
We are looking into the trading week of April 28 - May 2:
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:
A week before the U.S. Federal Reserve decides on interest rates (Wednesday, May 7), a set of major inflation data will be released (Wednesday, April 30).
According to Trading Central's "Economic Insight", U.S. Core Personal Consumption Expenditure (PCE) Price Inflation, the Fed’s favorite inflation gauge, is expected to slow to 2.5% year on year in March from 2.8 % in February.
In the past 12 U.S. Core PCE Price Inflation Reports, within one hour from the event, EUR/USD rose in 50% of times (6 out of 12 events), marking a trading range of 26.20 pips on average.
Meanwhile, the monthly official U.S. jobs report (non-farm payrolls, jobless rate) will be released on Friday (May 2).
(GMT+02:00 Hour)
Happy Trading!
Source: Trading Central Economic Insight