Here is what you need to know about the important news between September 12th, 2022, and September 16th, 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 declined for the first week in last four, trading near 108.80. Hawkish FED speak, mainly along with the tensions on Russia – Ukraine war and the energy exports from Russia, causing the greenback indicator to drop for the week. This week, focus shifts to US Retail Sales and Consumer Sentiment for new indications.
Gold
Gold prices inched higher on Monday retaining small gains from last week, as the dollar declined further from 20-year highs, waiting for the key US inflation data this week.
Oil
Oil prices dropped early on Monday, after a volatile week, as investors are worrying about slowing demand, causing prices to go down. Trade data from China also showed that Oil imports slowed in August, due to Covid Lockdowns, and lower demand on the number one importer in the world.
Stocks
U.S. stock have begun to perk up after major benchmark averages snapped three consecutive weeks of decline, while investors have their eyes and ears for inflation data which is expected to be released this week.
Economic calendar most important releases – All times are GMT
Monday, September 12, 2022
06:00 GBP GDP m/m
Tuesday, September 13, 2022
12:30 USD CPI m/m
12:30 USD Core CPI m/m
Wednesday, September 14, 2022
06:00 GBP CPI y/y
12:30 USD PPI m/m
12:30 USD Core PPI m/m
14:30 USD Crude Oil Inventories
22:45 NZD GDP q/q
Thursday, September 15, 2022
01:30 AUD Employment Change
01:30 AUD Unemployment Rate
12:30 USD Core Retail Sales m/m
12:30 USD Retail Sales m/m
12:30 USD Unemployment Claims
Friday, September 9, 2022
14:00 USD Prelim UoM Consumer Sentiment
Thanks for reading! Have a great week!
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