US Initial jobless claims will be announced on Thursday at 15:30 MT time.
Euro Area’s CPI Flash Estimate
|Euro area’s annual inflation was 1.3% in July 2017, stable compared with June. Although this reading seems to be much higher than 0.2%, which was recorded a year ago, there’s still a growing unease that inflation remains inexplicably low.|
|As the European Central Bank is getting closer to exit from its excessive monetary stimulus program, inflation figures from the euro zone will become even more important than before. CPI growth has to increase for the ECB to start reducing stimulus and for the EUR to keep gaining. That’s why you need to pay great attention to the region’s CPI release at 12:00 MT time on September 29. There will be trading opportunities for the EUR.|
The US dollar has broken through the key resistance, it failed to cross since March so far. Riskier assets are dipping. Let’s discuss it in detail.
The market sentiment remains risk-off amid rising virus cases around the world and fears over new restrictions and lockdowns.
China’s Manufacturing PMI will be out on Wednesday at 04:00 MT time!
China's industrial rebound, progress in US fiscal stimulus and other important news in this article.
The market sentiment is mixed as investors weigh US stimulus package against the rising infections and worse-than-expected US unemployment claims. Jump in for fresh analysis of EUR/USD, USD/JPY, S&P 500 and gold!