TC Economic Insight - The Week Ahead (October 7

TC Economic Insight - The Week Ahead (October 7 - 11)

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

We are looking into the trading week of October 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:

Federal Reserve Chair Jerome Powell said in a speech that he sees two more interest-rate cuts, each 25 basis points, this year.

Last Friday’s U.S. official jobs report showed a still-resilient labor market. Non-farm payrolls increased by 254,000 in September, significantly exceeding an addition of 140,000 expected, with the jobless rate declining to 4.1%.

Next Thursday (October 10) will see the release of the closely-watched monthly U.S. official inflation report. According to Trading Central's "Economic Insight", the inflation rate may ease further to 2.3% year on year in September.

In the past 12 U.S. Inflation reports, within one hour from the event, EUR/USD fell in 67% of times (8 out of 12 events), marking a trading range of 58.98 pips on average.

Key Economic Data Forecasts:

(GMT+02:00 Central European Time)

Happy Trading!

Source: Trading Central Economic Insight

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