The most impactful releases of this week will fill the market with volatility and sharp movements. Be ready to take action!
Important US indicators will highlight this Friday
The United States will release the indicators of core durable goods orders and personal spending on September 27, at 15:30 MT time. The core durable goods orders represent the change in the total value of new purchase orders for durable goods, excluding transportation items. This time they are going to be released together with the indicator of personal spending, which is the change in the inflation-adjusted value of consumers’ expenditures. According to the forecasts, core durable goods orders will advance by 0.2%, while personal spending will increase by 0.3%.
• If the actual levels of indicators are higher than the forecasts, the USD will rise;
• If the actual levels of indicators are lower than the forecasts, the USD will fall.
The Japanese yen fell to its lowest level against the US dollar in 33 years. Read the full report to learn the next target for USDJPY!
The US stock market fell in the third quarter. What's going on and why economists think that the last quarter will be better? Let's discuss it all here.
BlackRock CEO forecasts the Fed may have to raise rates further. The US dollar index (DXY) gains 130 points today. Read the full report to get more fresh news and technical analysis!