Using Trading Central's "Economic Insight" investors can check out up-coming major economic data.
We are looking into the trading week of February 26 - March 1:
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:
On February 13 (Tuesday), U.S. data showed hotter-than-expected inflation in January, dampening market sentiment and weighing on stocks on that day.
Since then, investors have largely expected the Federal Reserve not to cut interest rates in March.
February 29 (Thursday) will see the release of another set of inflation data which investors should watch closely.
According to Trading Central's "Economic Insight", U.S. Core Personal Consumption Expenditure (PCE) Price Index, the Fed’s favorite inflation gauge, is stable at 2.9% on year in January.
In the past 12 U.S. Core PCE Price Index Reports, EUR/USD fell in 67% of times (8 out of 12 events) within one hour from the report’s release, marking a trading range of 48.08 pips on average.
Monday (February 26)
US New Home Sales (JAN) +0.9% MoM
US Dallas Fed Manufacturing Index (FEB) to improve to -8.0
EA ECB President Lagarde Speech
Tuesday (February 27)
JP Inflation Rate (JAN) to slow to 2.1% YoY
JP Core Inflation Rate (JAN) to slow to 1.8% YoY
DE GfK Consumer Confidence (MAR) to tick up to -28.0
FR Consumer Confidence (FEB) to climb to 92
US Durable Goods Orders (JAN) -4.0% MoM
US Richmond Fed Manufacturing Index (FEB) to rise to 3
US CB Consumer Confidence (FEB) to tick up to 115.0
Wednesday (February 28)
AU CPI (JAN) +3.2% YoY
NZ New Zealand Central Bank expected to keep key rate unchanged at 5.50%
US GDP Growth Rate (Q4, 2nd Est) +3.3% QoQ
Thursday (February 29)
JP Industrial Production (JAN) -5.0% MoM
JP Retail Sales (JAN) +0.6% MoM
AU Retail Sales (JAN) +1.5% MoM
DE Retail Sales (JAN) +0.7% MoM
GB Nationwide Housing Prices (FEB) +0.3% MoM
FR Inflation Rate (FEB) to slow to 2.9% YoY
DE Unemployment Rate (FEB) to climb to 5.9%
DE Inflation Rate (FEB) to slow to 2.7% YoY
US Core PCE Price Index (JAN) to remain at 2.9%
US Initial Jobless Claims (FEB/24) to increase to 210,000
CA GDP Growth Rate (Q4) Annualized +1.1%
US Chicago PMI (FEB) to rise to 49
Friday (March 1)
NZ Building Permits (JAN) +1.8% MoM
JP Unemployment Rate (JAN) to remain at 2.4%
CN Official Manufacturing PMI (FEB) to edge up to 49.3
CN Official Non-Manufacturing PMI (FEB) to edge up to 50.8
CN Caixin Manufacturing PMI (FEB) to tick up to 50.9
EA Unemployment Rate (JAN) to edge up to 6.5%
EA Inflation Rate (FEB) to slow to 2.5% YoY
US ISM Manufacturing PMI (FEB) to rise to 49.5
Happy Trading!
Source: Trading Central Economic Insight
