Key markets events: September 27 - October 1

Vladimir Rojas

Junior member
30 13
This week will bring Fresh events. Go explore news that will move the instrument prices.

September 29, 17:30 (GTM+3) - US Crude oil inventories

`The oil price has been making big swings lately. XBR/USD has risen and fallen by 2% a day. The release of Crude oil inventories will define an oil trend for the upcoming week. The indicator presents a change in the number of barrels of crude oil held in inventory by commercial firms during the past week. If the annual result is higher than predicted, the price will fall. Otherwise, it will rise.

September 30, 15:30 (GTM+3) - Canadian GDP

The Bank of Canada has become the first to signal a possible exit from the monetary stimulus in the late spring of 2021. The fast pace of economic recovery influences it. Now traders from all over the world await Canada’s GDP data: the release is key for the future steps of the Canadian central bank and, hence, the CAD. There may be big moves not only in USD/CAD but also in EUR/CAD, GBP/CAD, and CAD/JPY.

October 1, 15:30 (GTM+3) - US Core PCE Price Index

Markets have been shaking during the past weeks ahead of the FOMC’s tapering decision. On the one hand, FOMC is concerned about growing inflation, and on the other hand, the Covid-19 Delta strain still affects the labor market and the whole US economy. The Core PCE Price index is one of the most representative indicators of inflation as it provides data about goods and services targeted towards and consumed by individuals. Prices are weighted according to total expenditure per item, which gives essential insights into consumer spending behavior.

It's our time to put this knowledge into practice!

Key market events. Quora Reddit Petroleo.png
 

micklelimes

Junior member
14 0
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