
Last week was very interesting for the markets, as we saw the releases of the US Inflation and Disney’s earnings report. So let's see what we should await this week!
Federal Open Market Committee, a committee within the Federal Reserve System (the Fed), will reveal a detailed record of the most recent meeting on July 7 at 21:00 MT. Yes, the meeting itself has already passed, and the main outcome is known, but the details are still important.
The Fed surprised investors with its hawkish tone during that meeting. The central bank started a discussion of cutting bond buys and pointed to at least two interest rate hikes in 2023. Those words have pushed the USD up. Therefore, traders will watch the FOMC’s record closely to get hints on further Fed’s policy decision as it will influence the value of the US dollar, which is one of the most traded currencies in the Forex market.
Instruments to trade: EUR/USD, USD/JPY, XAU/USD
Last week was very interesting for the markets, as we saw the releases of the US Inflation and Disney’s earnings report. So let's see what we should await this week!
The US will reveal Non-farm payrolls on January 7, Friday, at 15:30 GMT+2 (MetaTrader time).
The US will publish the Retail Sales on January 14, Friday, at 15:30 GMT+2.
The Australian Bureau of Statistics will announce the updated Unemployment Rate and Employment Change data on Thursday, May 19, at 04:30 MT.
The UK Office for National Statistics will publish Consumer Price Index (CPI) data on Wednesday, May 18, at 09:00 MT.
The US Census Bureau will announce Core Retail Sales and Retail Sales on Tuesday, May 17 at 15:30 MT.
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