October 17, 2018

JustForex, Market Trend - Schedule of Important Economic Events of the week

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New review of events in the upcoming week.


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This article is originally referred from JustForex News.

Last week, the US dollar weakened against currency majors. The dollar index (#DX) closed in the negative zone.

The American currency was under pressure due to aggressive sales in the stock market and weak data on US inflation.

Donald Trump criticized the Fed policy once again. Some representatives of the Central Bank believe that interest rates have reached the optimal level.

Investors expect publication of the FOMC minutes.

In the upcoming trading week, we recommend you to pay attention to the following macroeconomic events and reports.

Wednesday, October 18th

On Wednesday, investors will assess the FOMC minutes, which may indicate further increases in the Fed’s key interest rate, at 21:00 (GMT+3:00).

Important statistics:

  • Consumer price index in the UK at 11:30 (GMT+3:00);
  • Report on inflation in the Eurozone at 12:00 (GMT+3:00);
  • Statistics on the real estate market in the United States at 15:30 (GMT+3:00).

Thursday, October 19th

On Thursday, the news feed will also be full of events. During the Asian trading session, there will be data on the labor market in Australia at 03:30 (GMT+3:00).

At 11:30 (GMT+3:00) the Office for National Statistics will publish a report on retail sales in the country.

Philadelphia Fed manufacturing index at 15:30 (GMT+3:00).

Friday, October 20th

On Friday, the trading week will end with the publication of important economic reports:

  • Statistics on GDP and industrial production in China at 05:00 (GMT+3:00);
  • Reports on inflation and retail sales in Canada at 15:30 (GMT+3:00);
  • Existing home sales in the US at 17:00 (GMT+3:00).

Original Source: JustForex News

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