Using Trading Central's "Economic Insight" investors can check out up-coming major economic data.
We are looking into the trading week of April 7-11:
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:
On Thursday (April 3), major U.S. stock indexes marked their biggest daily percentage declines since 2020, with the S&P 500 sliding 4.8% and the Nasdaq 100 tumbling 5.4%.
The much–harsher-than-expected “reciprocal tariffs” announced by U.S. President Donald Trump stirred up fears of a global recession, leading investors to jump ship from risk assets.
Investors are much in need of some encouragement, which could be brought about by an interest-rate cut by the U.S. Federal Reserve, which will decide on interest rates again on May 7.
Before that, major U.S. inflation data will be released on Thursday, April 10. According to Trading Central's "Economic Insight", the inflation rate is expected to slow to 2.5% year on year in March.
In the past 12 U.S. Inflation Reports, within one hour from the event, EUR/USD fell in 58% of times (7 out of 12 events), marking a trading range of 46.15 pips on average.
Happy Trading!
Source: Trading Central Economic Insight
