Analytical Reviews

Get the latest economic news from ForexMart, including updates on the financial market, central bank policy announcements, financial indicators, and other relevant news which can impact the industry.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

Economic calendar | September 20 – 24


September, 20 2021
watermark Economic news

Monday, September 20


Monday, as always, is accompanied by an empty economic calendar. However, this is not bad, since market participants will have a little more time to catch their breath after the rather stormy end of the previous week.


Tuesday, September 21


Tuesday will also not be able to please investors with some interesting macroeconomic data, since the calendar will again be empty. Only statistics on the number of construction permits issued in the United States can be of interest.


Wednesday, September 22


But on Wednesday, the main event will take place not only for the whole week, but also for the last two months. We are talking about a meeting of the Board of the Federal Committee on Open Market Operations, following which the timing and scale of the curtailment of the quantitative easing program can be announced. Market participants assume that this process will begin in November.


However, it is completely unclear how much time will pass before its complete cessation. And a lot depends on this: first of all, the state of stock indices, which will almost certainly begin to decline rapidly. Along with this, a rather impressive growth of the dollar can begin. However, if the Fed does not set a deadline for the completion of the program, the dollar may collapse significantly.


Thursday, September 23


On Thursday, preliminary data on business activity indices will be published, the forecasts for which are extremely disappointing, since absolutely everywhere all indices should show a decline.


The main event of the day will be the results of the meeting of the Board of the Bank of England. At the same time, it is worth noting that the decisions of the British regulator will be dictated by the results of the US Federal Reserve meeting. And if the US regulator really announces the beginning of the curtailment of the quantitative easing program, then the Bank of England will have to do the same. However, this is unlikely, which will lead to a further decline in the pound.


If the results of the Fed meeting turn out to be somewhat different, then the Bank of England's unwillingness to curtail the quantitative easing program will be perceived as a positive factor.


In addition, data on retail sales in Canada will be published on Thursday, which is likely to put pressure on the Canadian dollar. After all, their growth rates may slow down from 6.2% to 5.0%.


The US will present statistics on the number of applications for unemployment benefits: it may decrease again. Initial appeals by 22 thousand, and repeated ones by 115 thousand.


Friday, September 24


On Friday, we should pay attention to inflation in Japan, which may slightly improve the position of the yen. The rate of decline in consumer prices should slow down from -0.3% to -0.2%, and the slowdown in deflation is an extremely positive moment.


Germany will share data on the IFO business climate index, and the United States will present statistics on new home sales in the country in August.


コメントする

ForexMart is authorized and regulated in various jurisdictions.

(Reg No.23071, IBC 2015) with a registered office at Shamrock Lodge, Murray Road, Kingstown, Saint Vincent and the Grenadines

Restricted Regions: the United States of America, North Korea, Sudan, Syria and some other regions.


© 2015-2024 Tradomart SV Ltd.
Top Top
Risk Warning:
Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.
Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.