1

WEEKLY ECONOMIC CALENDAR AHEAD

Here is what you need to know about the important news between September 19th, 2022, and September 23rd, 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 Us dollar Index is gearing up for a fresh rally ahead. FED is expected to announce a new rate hike of 75 basis points, however investors are prepared for an even higher upgrade of the rates, after the last weeks. Inflation data, which showed that FED needs to take measures to fight it.

Gold

Gold prices faced a vertical fall, since the dollar is climbing on the rumours for the higher rates increase. The precious metal it is trading close to $1660, and the new FED meeting and rates decision, will be a major impact on the direction that Gold will follow.

Oil

Oil prices fell early on Monday as fears of a global recession fuelled worries that growth in fuel demand will slow, although supply worries ahead of the European Union’s embargo on Russian oil in December capped declines.

Stocks

Market participants are focusing this week on the Federal Reserve’s interest rate decision, following a hotter than expected CPI reading that boosted expectations for a third consecutive 0.75% rate hike, lifting Fed funds rate to a target range of 3% to 3.25%.

 

Economic calendar most important releases – All times are GMT

 

Monday, September 19, 2022

All Day  GBP                Bank Holiday

All Day  JPY                 Bank Holiday

 

Tuesday, September 20, 2022

01:30    AUD                 Monetary Policy Meeting Minutes

12:30    CAD                 CPI m/m

 

Wednesday, September 21, 2022

18:00    USD                 FOMC Economic Projections

18:00    USD                 FOMC Statement

18:00    USD                 Federal Funds Rate

18:00    USD                 FOMC Press Conference

 

Thursday, September 22, 2022

07:30    CHF                  SNB Monetary Policy Assessment

07:30    CHF                  Policy Rate

08:00    CHF                  SNB Press Conference

11:00    GBP                 MPC Official Bank Rate Votes

11:00    GBP                 Official Bank Rate

 

Friday, September 9, 2022

07:15    EUR                 French Flash Services PMI

07:30    EUR                 German Flash Services PMI

08:30    GBP                 Flash Services PMI

13:45    USD                 Flash Services PMI

18:00    USD                 FED Chair Powell Speaks

 

Thanks for reading! Have a great week!     

 

Important Note: The information found on Ausprime platform is intended only to be informative, is not advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not include any specific investment objectives, financial situation and needs of any specific person who may receive it. The past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statement.