Week 39 data: Oil and Gold

ExnessOfficial

Exness Representative
Messages
51
Let’s first summarise the most important economic data for this week. If you are trading gold or oil this week, these are fundamentals that can affect technical forecasts.

US durable goods orders on Wednesday at 12:30 PM GMT.

The data for the month of August are expected to increase by almost 5%. Durable goods orders are a leading indicator of manufacturing activity, if the expectations are confirmed, there might be some minor support for the dollar.

Preliminary German inflation rate on Thursday at 12:00 PM GMT.

The market consensus for the month of September is for a decline on the figure of around 1.5% reaching 4.6%. If this is broadly accurate, then it could most probably influence the European inflation figure on the following day.

Find more here: https://bit.ly/3ZjNVsO
 
Back
Top