Here is what you need to know about the important news between September 26th, 2022, and September 30th, 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 Federal Reserve (Fed) continues its policy of financial tightening alongside persistently high inflation in the United States (US). This month saw another interest rate hike – this time by 75 basis points. The Fed’s decisions and the global macroeconomic situation favour the appreciation of the US dollar and the DXY index, which expresses its strength.
Gold
After having dropped to its weakest level in over two years below $1,630 during the Asian trading hours, gold staged a rebound and advanced beyond $1,640. The benchmark 10-year US T-bond yield is up 2% on the day, not allowing XAU/USD to gather further bullish momentum.
Oil
Oil prices fell for a second day on Monday on fears of lower fuel demand from an expected global recession sparked by rising worldwide interest rates and as a surging U.S. dollar limits the ability of non-dollar consumers to purchase crude.
Brent crude futures for November settlement slipped $1.35, or 1.57%, to $84.80 a barrel at 0640 GMT. The contract fell to as low at $84.51, the lowest since Jan. 14.
Stocks
U.S. equity futures were fractionally higher Monday morning after surging interest rates and foreign currency turmoil pushed the major averages to near their lows of the year.
Dow Jones Industrial Average futures rose 0.17% or 50 points. S&P 500 futures also gained 0.11% and Nasdaq 100 futures gained 0.25%.
On Friday stocks ended a brutal week with the blue-chip Dow finding a new intraday low for the year and closing lower by 486 points. The broad-market S&P 500 temporarily broke below its June closing low and ended down 1.7%. The tech-heavy Nasdaq Composite lost 1.8%.
Economic calendar most important releases – All times are GMT
Monday, September 26, 2022
08:00 EUR German Ifo Business Climate Index (Sep)
13:00 EUR ECB President Lagarde Speaks
Tuesday, September 27, 2022
11:00 BRL BCB Copom Meeting Minutes
11:30 USD Fed Chair Powell Speaks
11:30 EUR ECB President Lagarde Speaks
12:30 USD Core Durable Goods Orders (MoM) (Aug)
14:00 USD CB Consumer Confidence (Sep)
14:00 USD New Home Sales (Aug)
Wednesday, September 28, 2022
01:30 AUD Retail Sales (MoM) (Aug)
07:15 EUR ECB President Lagarde Speaks
14:00 USD Pending Home Sales (MoM) (Aug)
14:15 USD Fed Chair Powell Speaks
14:30 USD Crude Oil Inventories
Thursday, September 29, 2022
12:30 USD GDP (QoQ) (Q2)
12:30 USD Initial Jobless Claims
12:30 CAD GDP (MoM) (Jul)
13:00 NZD RBNZ Gov Orr Speaks
Friday, September 30, 2022
01:30 CNY Manufacturing PMI (Sep)
01:45 CNY Caixin Manufacturing PMI (Sep)
06:00 GBP GDP (QoQ)
06:00 GBP GDP (YoY)
07:55 EUR German Unemployment Change (Sep)
09:00 EUR CPI (YoY) (Sep)
12:30 USD Core PCE Price Index (MoM) (Aug)
Thanks for reading! Have a great week! 
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