WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between August 29th 2022 and September 2nd 2022, where we take a look at the economic data, market news and headlines likely to have the biggest impact on the market prices this week and beyond, as well as the US Dollar, and other key correlated assets.
U.S. dollar index
The dollar remained high around 109.2, after hawkish Fed and Recession worries, with eyes now to begin the week waiting for the new NFP release which is expected on Friday.
Gold
Gold prices remained under pressure and could be struggle to recover before Fridays NFP announcement, since FED policy makers are reminding and show the importance of inflation and employment data.
Oil
Oil prices are inching higher on hopes of a production cut from OPEC and its allies to restore market balance in response to the revival of Iran’s nuclear deal,” said Sugandha Sachdeva, vice president of commodity research at Religare Broking
Stocks
U.S. stocks are moving on a downtrend direction after the statement from FED Chairman Jerome Powell that the central bank will keep rising the interest rates in order to tame inflation. The US economy will need tight monetary policy “for some time” before inflation is under control, he said.
Economic calendar most important releases – All times are GMT +03:00
Tuesday, August 30, 2022
All Day EUR German Prelim CPI m/m
17:00 USD CB Consumer Confidence
17:00 USD JOLTS Job Openings
Wednesday, August 31, 2022
15:15 USD ADP Non-Farm Employment Change
15:30 CAD GDP m/m
16:45 USD Chicago PMI
17:30 USD Crude Oil Inventories
Thursday, September 1, 2022
09:30 CHF CPI m/m
15:30 USD Unemployment Claims
17:00 USD ISM Manufacturing PMI
Friday, September 2, 2022
15:30 USD Non Farm Employment Change
15:30 USD Unemployment Rate
Thanks for reading! Have a great week!
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