In the US Unemployment Claims and ECB President Draghi Speaks in Europe are the major market-movers. Let see what awaits us today.
In the US, Unemployment Claims, weekly indicator to value the individuals who filed for unemployment insurance, reduce of 1K is due from down to 323K this time.
Later in the US, Import Prices, shows the price change of imported goods and services, rise up to 0.6% from 0.2% on August.
Also in the US, Federal Budget Balance, the difference between the federal government’s income and spending, -155.3B is likely now from -7.6B on the previous month.
Finally in the US, William Dudley, Federal Reserve Bank of New York President, is due to participate in a panel in Paris.
In Canada, New Housing Price Index (NHPI), the selling price change of new homes, 0.2% is likely now similar to the last time.
In Europe, Mario Draghi, European Central Bank (ECB) President, is due to speak in Riga.
Later in Europe, European Central Bank (ECB) Monthly Bulletin, the statistical data for the ECB Governing Board evaluation on making the latest interest rate decision.
Finally in Europe, Industrial Production, value the output produced by manufacturers, mines, and utilities, drop down from 0.7% on August down to -0.1% now is forecasted.
In Great Britain, Inflation Report Hearings, Bank of England (BOE) Monetary Policy Committee (MPC) members vote on where to set the nation’s key interest rates,
In Switzerland, Producer Price Index (PPI), the manufacturers’ price change of goods and raw materials, rise up to 0.2% is calculated now.
In New Zealand, Business NZ Manufacturing Index, Monthly Manufacturers’ Survey of to rate the business conditions like employment, new orders, supplier deliveries, and inventories, 59.5 points are due now.
In the US, Unemployment Claims, weekly indicator to value the individuals who filed for unemployment insurance, reduce of 1K is due from down to 323K this time.
Later in the US, Import Prices, shows the price change of imported goods and services, rise up to 0.6% from 0.2% on August.
Also in the US, Federal Budget Balance, the difference between the federal government’s income and spending, -155.3B is likely now from -7.6B on the previous month.
Finally in the US, William Dudley, Federal Reserve Bank of New York President, is due to participate in a panel in Paris.
In Canada, New Housing Price Index (NHPI), the selling price change of new homes, 0.2% is likely now similar to the last time.
In Europe, Mario Draghi, European Central Bank (ECB) President, is due to speak in Riga.
Later in Europe, European Central Bank (ECB) Monthly Bulletin, the statistical data for the ECB Governing Board evaluation on making the latest interest rate decision.
Finally in Europe, Industrial Production, value the output produced by manufacturers, mines, and utilities, drop down from 0.7% on August down to -0.1% now is forecasted.
In Great Britain, Inflation Report Hearings, Bank of England (BOE) Monetary Policy Committee (MPC) members vote on where to set the nation’s key interest rates,
In Switzerland, Producer Price Index (PPI), the manufacturers’ price change of goods and raw materials, rise up to 0.2% is calculated now.
In New Zealand, Business NZ Manufacturing Index, Monthly Manufacturers’ Survey of to rate the business conditions like employment, new orders, supplier deliveries, and inventories, 59.5 points are due now.
Recommended Content
Editors’ Picks
EUR/USD edges lower toward 1.0700 post-US PCE
EUR/USD stays under modest bearish pressure but manages to hold above 1.0700 in the American session on Friday. The US Dollar (USD) gathers strength against its rivals after the stronger-than-forecast PCE inflation data, not allowing the pair to gain traction.
GBP/USD retreats to 1.2500 on renewed USD strength
GBP/USD lost its traction and turned negative on the day near 1.2500. Following the stronger-than-expected PCE inflation readings from the US, the USD stays resilient and makes it difficult for the pair to gather recovery momentum.
Gold struggles to hold above $2,350 following US inflation
Gold turned south and declined toward $2,340, erasing a large portion of its daily gains, as the USD benefited from PCE inflation data. The benchmark 10-year US yield, however, stays in negative territory and helps XAU/USD limit its losses.
Bitcoin Weekly Forecast: BTC’s next breakout could propel it to $80,000 Premium
Bitcoin’s recent price consolidation could be nearing its end as technical indicators and on-chain metrics suggest a potential upward breakout. However, this move would not be straightforward and could punish impatient investors.
Week ahead – Hawkish risk as Fed and NFP on tap, Eurozone data eyed too
Fed meets on Wednesday as US inflation stays elevated. Will Friday’s jobs report bring relief or more angst for the markets? Eurozone flash GDP and CPI numbers in focus for the Euro.