TC Economic Insight - The Week Ahead (June 17 - 21)

By

Kim Ming Lam

June 17, 2024

3

Min Read

TC Economic Insight - The Week Ahead (June 17 - 21)

Using Trading Central's "Economic Insight" investors can check out up-coming major economic data.

We are looking into the trading week of June 17 - 21:

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 Bank of Canada and the European Central Bank cut key interest rates recently, while the U.S. Federal Reserve and the Bank of Japan have just kept rates unchanged.

The Bank of England’s rate decision this week (Thursday, June 20) will be investors’ focus.  According to Trading Central's "Economic Insight", the BOE will hold its key rate unchanged at 5.25% despite the central bank’s earlier comments that rate cuts would come soon.

Meanwhile, the Reserve Bank of Australia is expected to keep its key interest rate unchanged at 4.35% on Tuesday (June 18).

In the past 8 Bank of England monetary-policy meetings, within one hour from the event, GBP/USD marked a trading range of 48.44 pips on average.

Key Economic Data Forecasts:

Happy Trading!

Source: Trading Central Economic Insight

Kim Ming Lam

Responsable de la Recherche pour la région Asie-Pacifique
Ming est diplômé de l'université de Hong Kong avec un baccalauréat en génie mécanique. Il travaille dans le secteur des services financiers depuis plus de 10 ans. Il est actuellement chargé de fournir aux clients des analyses techniques sur le forex et les indices boursiers asiatiques.
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