Using Trading Central's "Economic Insight" investors can check out up-coming major economic data.
We are looking into the trading week of September 2 - 6:
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:
It is widely expected that the U.S. Federal Reserve will start cutting interest rates in September. Fed Chair Jerome Powell said: “The timing and pace of rate cuts will depend on incoming data.”
The Core Personal Consumption Expenditure (PCE) price inflation held steady at 2.6% year on year in July.
The next set of important jobs data will come on next Friday (September 6). According to Trading Central's "Economic Insight", the addition of non-farm payrolls will slow to 100,000 in August with the jobless rate remaining stable at 4.3%.
In the past 12 Non-farm Payrolls Reports, within one hour from the event, EUR/USD rose in 58% of times (7 out of 12 events), marking a trading range of 55.66 pips on average.
(GMT+02:00 Central European Time)
Happy Trading!
Source: Trading Central Economic Insight
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