Using Trading Central's "Economic Insight" investors can check out up-coming major economic data.
We are looking into the trading week of February 24 - 28:
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:
Minutes of the U.S. Federal Reserve's January policy meeting showed that central-bank officials were concerned about the impact of President Donald Trump's tariffs on inflation.
In fact, U.S. President Donald Trump just said he would announce tariffs on lumber, cars, semiconductors, chips and pharmaceuticals over the next month or sooner.
Meanwhile, the next set of important inflation data will come on Friday (February 28). According to Trading Central's "Economic Insight", the Core Personal Consumption Expenditure (PCE) Price Inflation may slow slightly to 2.7% year on year in January.
The Fed will decide on interest rates on Wednesday, March 19.
In the past 12 U.S. Core PCE Price Index reports, within one hour from the event, EUR/USD rose in 58% of times (7 out of 12 events), marking a trading range of 25.24 pips on average.
(GMT+02:00 Central European Time)
Happy Trading!
Source: Trading Central Economic Insight