Using Trading Central's "Economic Insight" investors can check out up-coming major economic data.
We are looking into the trading week of January 8 - 12:
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:
Traders are now focusing on how soon the U.S. Federal Reserve will lower interest rates in 2024. Of course the central bank will find it easier to cut rates amid faster deceleration in the inflation rate.
According to Trading Central's "Economic Insight", the U.S. Inflation Rate for December (due Thursday, January 11) is expected to tick down to 3.0% on year from 3.1% in November.
In the past 12 U.S. Official Jobs Reports, EUR/USD rose in 67% of times (8 out of 12 events) within one hour from the report’s release, marking a trading range of 61.41 pips on average.
Other key economic data include:
Monday (January 8)
German Factory Orders (NOV) expected to rise 2.9% on month
Eurozone Retail Sales (NOV) may grow 0.6% on month
Tuesday (January 9)
Japan Tokyo Core Inflation (DEC) expected to tick down to 2.2% on year
Australia Retail Sales (NOV) to increase 0.1% on month
U.K. BRC Retail Sales (DEC) to grow 2.1% on year
German Industrial Production (NOV) may expand 0.6% on month
Eurozone Unemployment Rate (NOV) to tick up to 6.6%
U.S. NFIB Business Optimism Index (DEC) to climb to 91.0
Canada Building Permits (NOV) to fall 0.3% on month
Wednesday (January 10)
Japan Average Cash Earnings (NOV) expected to grow 1.5% on year
Australia Inflation Rate (NOV) may slow to 4.5% on year
France Industrial Production (NOV) to grow 0.2% on month.
Thursday (January 11)
Australia Trade Surplus (NOV) expected to rise to A$7.5 billion
U.S. Inflation Rate (DEC) may tick down to 3.0% on year
U.S. Core Inflation Rate (DEC) to tick down to 3.9% on year
U.S. Initial Jobless Claims (JAN/06) may rise to 209,000
Friday (January 12)
China Inflation Rate (DEC) expected at -0.7% on year
China Producer Prices (DEC) may fall 3.2% on year
U.K. GDP (NOV) to grow 0.1% on month
U.K. Industrial Production (NOV) to grow 0.2% on month
U.S. Producer Prices (DEC) to increase 0.8% on year
Happy Trading!
Source: Trading Central Economic Insight
