
The US PPI will come out on Thursday, May 12, at 15:30 MT time.
The Federal Open Market Committee (the part of the Federal Reserve) will make a statement on January 26, at 21:00 GMT+2. As usual, it will contain an update on the interest rate and provide insights on the monetary policy.
Right now, the market expects the first rate hike as soon as April. The Federal Reserve and the Fed Chair Jerome Powell are on the way of finding a balance between surging inflation and shaky markets. As a result, any change in Fed’s comments will impact the USD, gold, and the stock market as well.
To trade on the event, you need to wait for the livestream on the official Fed’s website and follow the updates.
Instruments to trade: EUR/USD, GBP/USD, USD/JPY
The US PPI will come out on Thursday, May 12, at 15:30 MT time.
The US CPI will come out on Wednesday, May 11, at 15:30 MT time (GMT+3).
Representatives from 15 oil-rich nations attend OPEC meetings. They discuss a range of issues regarding energy markets and, most importantly, agree on how much oil they will produce.
The US Bureau of Economic Analysis will publish Core Personal Consumption Expenditures (PCE) on May 27 at 15:30 GMT+3.
The United States will publish the Preliminary GDP on Thursday, May 26, at 15:30 GMT+3.
The Reserve Bank of New Zealand will publish a monetary policy report and make an update on the interest rate on May 25, at 05:00 GMT+3.
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