
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 Federal Funds Rate is announced at 21:00 MT time on December 11.
At the November session, the Federal Reserve cut the country’s main interest rate to 1.75%. It was the third decrease and expectedly the last during 2019. At the time, the Fed Chair Mr. Powell stated that the main inclination of the policymakers was to stop the rate-cutting cycle and observe the results. However, he also expressed the readiness to act as appropriate, leaving the space for the monetary maneuvers in case the trade war or the global economic slowdown takes the toll on the US economy. Eventually, this point was removed from the Fed statement, reassuring the public that the Fed’s monetary stance is more solid than it was previously thought. If the December rate announcement confirms that, it should strengthen the US dollar because the unchanged rate would signal the resilience of the American economy.
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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