TC Economic Insight - The Week Ahead (September 23

TC Economic Insight - The Week Ahead (September 23 - 27)

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

‍

We are looking into the trading week of September 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:

Amid easing inflation and a weakening labor market, the U.S. Federal Reserve lowered its key interest rate by 50 basis points to a range of 4.75%-5.00%, the first rate cut since the Covid pandemic that started in early 2020.

The central bank also hinted at cutting rates by a further 50 basis points by the end of the year.

It has two remaining policy meetings (in November and December). And the extent of the next rate cut should be determined by incoming inflation and labor data.

The next important U.S. data set will be released next Friday (September 27). According to Trading Central's "Economic Insight", the Core Personal Consumption Expenditure (PCE) Price Inflation should remain stable at 2.6% year on year in August.

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 8 events), marking a trading range of 24.88 pips on average.