TC Economic Insight - The Week Ahead (September 2

TC Economic Insight - The Week Ahead (September 2 - 6)

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.