Using Trading Central's "Economic Insight" investors can check out up-coming major economic data.
We are looking into the trading week of December 23-27:
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:
As expected, the U.S. Federal Reserve just announced an interest-rate cut, a third consecutive one, of 25 basis points. However, the central bank indicated that there would be only two more rate cuts in 2025, down from the four cuts it forecast previously.
Next week, data on U.S. Durable Goods Orders, to be released on Tuesday, December 24, will provide investors with clues on the country’s economic health.
According to Trading Central's "Economic Insight", Durable Goods Orders are expected to decline 0.2% month on month in November.
In the past 12 Durable Goods Orders Reports, within one hour from the event, EUR/USD rose in 58% of times (7 out of 12 events), marking a trading range of 36.80 pips on average.
Key Economic Data Forecasts:
(GMT+02:00 Central European Time)
Happy Trading!
Source: Trading Central Economic Insight
