Economic Events Of The Week

The week ahead has some interesting and fundamental events to offer. We start off the week with virtually no major news but as we get ahead into it, it gets intensified. For Tuesday we have the USD CB Consumer Confidence expected to land higher at 123.0 than the previous 122.1

On Wednesday the biggest market mover is the FOMC Statement and the Fed Interest rate Decision. Not much speculation has been going on about this so we could expect the rate to remain unchanged at 1.50%. Apart of that, we have a speech by President Trump.

Thursday has event that are not implying any drastic changes such as ISM Manufacturing PMI in both the UK and the US.

Friday has the most anticipated US data of the month - the Nonfarm Payrolls and the Unemployment Rate. Expectations are more on the higher scale of things with NFPs expected to hit 175K up from 148K and jobs data to remain unchanged.

*All times are in GMT.