Using Trading Central's "Economic Insight" investors can check out up-coming major economic events/ data.
We are looking into the trading week of May 22 - 26:
We can select economic data of "High", "Medium" or "Low" importance, or any combination of such filters:
We are focusing on major economies worldwide, e.g. the U.S., Canada, China, Australia, the Eurozone:
U.S. Core Personal Consumption Expenditure (PCE) Price Index is widely regarded as a key factor that the Federal Reserve studies while setting interest rates.
According to Trading Central's "Economic Insight", the Core Personal PCE Price Index’s growth may slow further to 4.5% on year in April (vs 4.6% in March).
In the past 12 U.S. Core PCE Price Index reports, EUR/USD rose in 50% of times (6 out of 12 reports) within one hour from the report’s release, marking a trading range of 38.83 pips on average.
Other key economic data include:
Monday (May 22)
Hong Kong’s Inflation Rate will be reported.
Tuesday (May 23)
Singapore’s Inflation Rate is expected to slow to 5.3% on year in April.
Canada’s Producer Price Index may fall 1.2% on year in April
Wednesday (May 24)
New Zealand’s Central Bank is expected to raise its key rate by 25 basis points to 5.50%.
New Zealand’s Retail Sales may drop 2% on year in the first quarter.
U.K. Inflation Rate is expected to cool down to 8.5% on year in April.
Germany, Ifo Business Climate Index may tick down to 93.2 in May.
U.S. Federal Reserve will release Minutes of its last Monetary-Policy Meeting.
Thursday (May 25)
Germany’s GfK Consumer Confidence Index may improve to -24 for June.
U.S. Initial Jobless Claims are expected to tick up to 245,000.
Friday (May 26)
U.K. Retail Sales are expected to rise 0.3% on month in April.
U.S. Core PCE Price Index may slow to 4.5% on year in April.
U.S. Durable Goods Orders are expected to drop 1.1% on month in April.
Happy Trading!
Source: Trading Central Economic Insight
