TC Economic Insight - The Week Ahead (September 18-22)

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 September 18-22:

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:

Needless to say, investors should be focusing on the U.S. Federal Reserve’s decision on interest rate next Wednesday (September 20). 

According to Multi-Stock Trading LLC's "Economic Insight", the Fed would keep its key interest rate unchanged at 5.50%.

In the past 8 Fed Interest-Rate Decisions, EUR/USD rose in 75% of times (6 out of 8 events) within one hour from the report’s release, marking a trading range of 76.65 pips on average.

Meanwhile, central banks of Japan and the U.K. will also make decisions on interest rates.

Other key economic data include:

Monday (September 18)

Japan's stock market closed for holiday (Respect for the Aged Day).

Canada Producer Prices (AUG) expected to fall 0.8% on year.

Tuesday (September 19)

Australia Central Bank to release latest monetary meeting minutes.

U.S. Housing Starts (AUG) expected to fall 2.5% on month.

U.S. Housing Permits (AUG) to drop 1.3% on month.

Canada Inflation Rate (AUG) to increase to 4.2% on year.

Wednesday (September 20)

Japan Exports (AUG) expected to grow 0.1% on year.

U.K. Inflation Rate (AUG) to increase to 7.3% on year.

Germany Producer Prices (AUG) may fall 12.4% on year.

U.S. Federal Reserve expected to keep key interest rate unchanged at 5.50%.

Thursday (September 21)

New Zealand GDP (2Q) expected to grow 2.9% on year.

U.K. Central Bank expected to hike key interest rate by 25 bps to 5.50%.

U.S. Philadelphia Fed Manufacturing Index (SEP) may drop to 1.

U.S. Initial Jobless Claims (SEP 16) to tick up to 222,000.

U.S. Conference Board Leading Index (AUG) to fall 0.2% on month.

U.S. Existing Home Sales (AUG) to increase 1.5% on month.

Friday (September 22)

Japan Central Bank expected to keep key interest rate unchanged at -0.10%.

Japan Inflation Rate (AUG) to ease to 3.0% on year.

U.K. Retail Sales (AUG) may fall 0.7% on month.

Germany HCOB Manufacturing PMI (SEP) to rise to 41.5

Canada Retail Sales (JUL) expected to increase 0.1% on month.

U.S. S&P Global Manufacturing PMI (SEP) may climb to 48.8.

Happy Trading!

Source: Multi-Stock Trading LLC Economic Insight

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