TC Economic Insight - The Week Ahead (June 10 - 14)

By

Kim Ming Lam

June 10, 2024

3

Min Read

TC Economic Insight - The Week Ahead (June 10 - 14)

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

We are looking into the trading week of June 10 - 14:

We can select economic data of "High", "Medium" or "Low" importance, or any combination of such filters:

We can select which economies to focus on:

The coming session on Wednesday (June 12) will be a busy one for investors.

Major U.S. inflation data will be released and the Federal Reserve will decide on interest rates. According to Trading Central's "Economic Insight", the inflation rate will remain stable at 3.4%, while the central bank will keep its key rate unchanged at 5.50%.

The European Central Bank just cut its key interest rates by 25 basis points last week, the first cut since 2019.

In the past 8 Federal Reserve monetary-policy meetings, within one hour from the event, EUR/USD marked a trading range of 52.54 pips on average.

Key Economic Data Forecasts:

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.
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