TC Economic Insight - The Week Ahead (April 28 - May 2)

By

Kim Ming Lam

calendar_month

schedule

3

Min Read

TC Economic Insight - The Week Ahead (April 28 - May 2)

TC Economic Insight - The Week Ahead (April 28 - May 2)

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

We are looking into the trading week of April 28 - May 2:

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:

A week before the U.S. Federal Reserve decides on interest rates (Wednesday, May 7), a set of major inflation data will be released (Wednesday, April 30).

According to Trading Central's "Economic Insight", U.S. Core Personal Consumption Expenditure (PCE) Price Inflation, the Fed’s favorite inflation gauge, is expected to slow to 2.5% year on year in March from 2.8 % in February.

In the past 12 U.S. Core PCE Price Inflation Reports, within one hour from the event, EUR/USD rose in 50% of times (6 out of 12 events), marking a trading range of 26.20 pips on average.

Meanwhile, the monthly official U.S. jobs report (non-farm payrolls, jobless rate) will be released on Friday (May 2). 

Key Economic Data Forecasts:

(GMT+02:00 Hour)

Happy Trading!

Source: Trading Central Economic Insight

Kim Ming Lam

Head of APAC Research
Ming graduated from Hong Kong University with a Bachelor's degree in mechanical engineering. He has been working in the financial services sector for over 10 years. He is currently tasked with providing clients with technical analysis views on forex and Asian stock indexes.

You may also like...

X (formerly Twitter) logo