Starting this week, we will publish the weekly economic news calendar. It will be released on Monday morning and will include the key news releases broken down into different markets for the convenience of readers. So let’s take a look at the possible market-moving events in the coming week.
This week’s economic news will include speeches from some of the main Central Banks Governors (
ECB,
BOJ, BOE and RBA), Tuesday’s U.S.
Consumer Confidence number data and Thursday’s U.S. final GDP number for the second quarter of the year. There will also be some less important but still potentially market-moving events like Wednesday’s Crude Oil Inventories announcement, Friday’s U.S.
Personal Spending and Durable Goods Orders releases.
- We will see a handful of Central Banks’ Governors speeches in the coming days: the ECB’s Mario Draghi will speak on Monday and then on Thursday again, the BOJ Governor Kuroda and the RBA Governor Lowe will speak on Tuesday, and the BOE Governor Carney will speak on Thursday.
- The U.S. Consumer Confidence number will be released on Tuesday, and then on Thursday we will await the final GDP number for the previous quarter. Friday’s Personal Spending and Durable Goods Orders are also worth mentioning.
- This week’s Wednesday’s Crude Oil Inventories number may show an impact of the last Saturday’s aerial strike on Saudi Arabian oil field. The price of oil remains elevated since that event took place.
You will find this week’s the key news releases below (EST time zone). For your convenience, we broken them down per market to which they are particularly important, so that you know what to pay extra attention to, if you have or plan to have positions in one of them. Moreover, we put the particularly important news in bold. This kind of news is what is more likely to trigger volatile movements. The news that are not in bold usually don’t result in bigger intraday moves, so unless one is engaging in a particularly active form of
day trading, it might be best to focus on the news that we put in bold. Of course, you are free to use the below indications as you see fit. As far as we are concerned, we are usually not engaging in any day trading during days with “bold” events on a given market. However, in case of more medium-term trades, we usually choose to be aware of the increased intraday volatility, but not change the currently opened position.
Gold, Silver, and Mining Stocks
Tuesday, September 24
- 10:00 a.m. U.S. – Consumer Confidence
Thursday, September 26
- 8:30 a.m. U.S. – Final GDP q/q
Crude Oil
Tuesday, September 24
- 10:00 a.m. U.S. – Consumer Confidence
Wednesday, September 25
- 10:30 a.m. U.S. – Crude Oil Inventories
Thursday, September 26
- 8:30 a.m. U.S. – Final GDP q/q
Stock Markets
Monday, September 23
- 9:45 a.m. U.S. - Flash Manufacturing PMI, Flash Services PMI
- 9:00 a.m. Eurozone - ECB President Draghi’s Speech
Tuesday, September 24
- 4:00 a.m. Eurozone – German Ifo Business Climate
- 10:00 a.m. U.S. – Consumer Confidence
Wednesday, September 25
- 10:00 a.m. U.S. – New Home Sales
Thursday, September 26
- 8:30 a.m. U.S. – Final GDP q/q, Initial Claims, Wholesale Inventories, Trade Balance
- 9:30 a.m. Eurozone - ECB President Draghi’s Speech
- 10:00 a.m. U.S. – Pending Home Sales m/m
Friday, September 27
- 8:30 a.m. U.S. – Durable Goods Orders m/m, Personal Income m/m, Personal Spending m/m
- 10:00 a.m. U.S. – UoM Consumer Sentiment
EUR/USD
Monday, September 23
- 9:00 a.m. Eurozone - ECB President Draghi’s Speech
Tuesday, September 24
- 4:00 a.m. Eurozone – German Ifo Business Climate
- 10:00 a.m. U.S. – Consumer Confidence
Thursday, September 26
- 8:30 a.m. U.S. – Final GDP q/q
- 9:30 a.m. Eurozone - ECB President Draghi’s Speech
Friday, September 27
- 8:30 a.m. U.S. – Durable Goods Orders m/m, Personal Income m/m, Personal Spending m/m
USD/JPY
Tuesday, September 24
- 1:30 a.m. Japan – BOJ Governor Kuroda’s Speech
GBP/USD
Thursday, September 26
- 9:45 a.m. U.K. – BOE Governor Carney’s Speech
USD/CAD
There is no important news scheduled for the coming week.
AUD/USD
Tuesday, September 24
- 5:55 a.m. Australia – RBA Governor Lowe’s Speech
Thank you for staying up-to-date and good luck in all your trades. If you’d like to receive notifications similar to the above on each Monday free of chart, we invite you to sign up for our free mailing list. If you sign up today, you’ll also get 7 days of free access to our premium Trading Alerts for Precious Metals, Crude Oil, and Currencies, as well as our Day Trading Signals.
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Thank you.
Paul Rejczak
Stock Trading Strategist
Sunshine Profits - Effective Investments through Diligence and Care