Using Trading Central's "Economic Insight" investors can check out up-coming major economic data.
We are looking into the trading week of November 11-15:
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:
Last week, Donald Trump was elected to be the next U.S. president, the Federal Reserve cut interest rates by 25 basis points (as expected), and U.S. stocks rose to record-high levels.
Though a busy week for investors, they should have found it a profitable one.
Next comes key U.S. inflation data on Wednesday (November 13). According to Trading Central's "Economic Insight", the Inflation Rate is expected to rebound to 2.6% year on year in October (vs 2.4% in September).
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 56.68 pips on average.
(GMT+02:00 Central European Time)
Happy Trading!
Source: Trading Central Economic Insight
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