TC Economic Insight - The Week Ahead (August 28 - September 1)

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

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On the left side of the page, we can choose trading week of August 21-25 and filter by data importance as well as countries:

The major focus for the week will be the U.S. nonfarm payrolls for August, lets take a look at what Economic Insight provides:

According to Multi-Stock Trading LLC's "Economic Insight", the U.S. Nonfarm payrolls are expected to increase by 180,000 in August. By clicking on the little icons on the right, investors can find out:

"Volatility" shows that in the past 12 U.S. Nonfarm payrolls releases, EUR/USD moved in an average range of 64.83 pips within one hour from the data release.

"Impact" shows that last time (i.e. when Nonfarm payrolls for July released on August 4) how EUR/USD reacted to the data release on an intraday chart.

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Key economic data for the week:

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Monday (August 28)

- Australia's Retail Sales (July) is expected to grow 0.2% on month.

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Tuesday (August 29)

- Japan's Unemployment Rate (July) is anticipated to be stable at 2.5%.

- Germany's GfK Consumer Confidence Index (September) is expected to improve to -22.0.

- U.S. Conference Board Consumer Confidence Index is estimated to slip to 115.0 in August.

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Wednesday (August 30)

- Australia's monthly Consumer Price Index (July) is estimated to ease to 5.1% on year.

- Germany's Inflation Rate (August) is anticipated to ease to 6.0% on year.

- U.S. ADP Employment (August) is expected to increase by 280,000.

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Thursday (August 31)

- Japan's Industrial Production (July) is expected to grow 0.5% on month, while Retail Sales (July) is estimated to drop 0.1%.

- China's official Manufacturing Purchasing Managers Index (August) is expected to improve to 49.5, while Non-Manufacturing Purchasing Managers Index (August) is anticipated to slip to 51.0.

- Eurozone's Inflation Rate (August) is estimated to ease to 4.9% on year, while Unemployment Rate (July) is expected to be steady at 6.4%.

- Germany's Unemployment Rate (August) is anticipated to edge up to 5.7%, while Retail Sales (July) are expected to be down 0.3% on month.

- France's Inflation Rate (August) is expected to slow to 4.1% on year.

- U.S. Personal Consumption Expenditure Price Index (July) is expected to grow 0.2% on month.

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Friday (September 1)

- China's Caixin Manufacturing Purchasing Managers Index (August) is expected to edge up to 49.3.

- U.S. nonfarm payrolls (August) are expected to increase by 180,000, while Unemployment Rate (August) is anticipated to be stable at 3.5%. The ISM Manufacturing Purchasing Managers Index (August) is expected to improve to 47.0.

- Canada's annualized Gross Domestic Product (2Q) is anticipated to be up 1.0% on quarter.

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Source: Multi-Stock Trading LLC Economic Insight