TC Economic Insight - The Week Ahead (July 8 - 12)

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

We are looking into the trading week of July 8 - 12:

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We can select economic data of "High", "Medium" or "Low" importance, or any combination of such filters:

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We can select which major economies to focus on:

Recent U.S. data showed that the core personal consumption expenditures (PCE) price inflation rate, the Federal Reserve’s favorite inflation gauge, slowed to 2.6% year on year in May.

Also, various data have pointed to a softening labor market.

As a result, expectations for interest rate cuts as early as September have been boosted.

Another set of major U.S. inflation data will be released on Thursday (July 11). According to Multi-Stock Trading LLC's "Economic Insight", the inflation rate may slow further to 3.1% year on year in June.

In the past 12 U.S. Inflation reports, within one hour from the event, EUR/USD fell in 58% of times (7 out of 12 reports), and marked a trading range of 60.88 pips on average.

Key Economic Data Forecasts:

(GMT+02:00 Central European Time) 

Happy Trading!

Source: Multi-Stock Trading LLC Economic Insight

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