The Federal Reserve (FOMC), US central bank, will publish its December meeting minutes on Wednesday, January 5, at 21:00 GMT+2 (MetaTrader time).
Manufacturing Data May Shake the USD
What will happen?
The United States will publish the ISM Manufacturing PMI on September 1, at 17:00 MT time (GMT+3). This indicator represents an index that is calculated based on a survey of purchasing managers in the manufacturing industry. If the indicator is above 50 it signals an expansion of an industry, while figures below 50 indicate contraction. This is important data, as businesses tend to be sensitive to changing economic conditions. Last time, the indicator came out lower than the forecasts (59.5 vs. 60.8 expected). Despite that, the USD had a limited reaction to this release.
How to trade on the ISM Manufacturing PMI?
If you want to trade on this release, check the economic calendar to see the forecast. Compare the actual figures with the estimates.
- If the indicator outperforms the forecast, the USD will go higher;
- In case of an alternative scenario, the USD will weaken.
Instruments to trade: EUR/USD, GBP/USD, USD/JPY
What will happen? NonFarm Payrolls data will be announced at 15:30 MT (GMT+2) on Friday, December 3…
The United States will publish Flash Manufacturing and Services PMIs on Tuesday at 16:45 GMT+2.
The United States will publish the Initial Jobless Claims on Thursday, December 30, at 15:30 GMT+2 (MetaTrader time).
The US will reveal Non-farm payrolls on January 7, Friday, at 15:30 GMT+2 (MetaTrader time).
The United States will publish the ISM Non-Manufacturing PMI on Thursday, January 6, at 17:00 GMT+2 (MetaTrader time).