Stay Informed with Zooe’s Economic Calendar for September 9-13, 2024: Key Market Events and Trading Advantages
As we move into the second week of September 2024, global financial markets are poised to respond to key economic data releases from major economies. Zooe’s economic calendar provides a detailed look at the most significant events and their expected volatility levels. Traders can plan their strategies around these high-impact releases to make the most of market opportunities.
Monday, September 9, 2024
- Quiet Start to the Week
- No major economic data releases are scheduled for this day.
Tuesday, September 10, 2024
- Early Focus on Europe
- 06:00 GMT | EUR | German CPI (MoM) (August)
This release will provide insights into inflationary pressures within the Eurozone’s largest economy. With inflation playing a key role in monetary policy, any deviation could lead to market volatility, especially in the EUR currency pairs.
- 06:00 GMT | EUR | German CPI (MoM) (August)
Wednesday, September 11, 2024
- A Busy Day for the Markets
- 06:00 GMT | GBP | GDP (MoM) (July)
The UK’s monthly GDP release will set the tone for the British economy’s recovery trajectory. Markets will closely watch this figure for signs of economic resilience or weakness post-Brexit. - 12:30 GMT | USD | Core CPI (MoM) (August)
One of the most highly anticipated events of the week, the Core Consumer Price Index (CPI) for August, will provide insight into the US inflation without the influence of volatile food and energy prices. - 12:30 GMT | USD | CPI (YoY) & (MoM) (August)
Alongside the core figure, the broader CPI numbers will be released, offering a complete picture of inflation in the US. Given the Federal Reserve’s ongoing battle with inflation, this data could be pivotal in shaping future monetary policy. - 14:30 GMT | USD | Crude Oil Inventories
Weekly crude oil inventory data will be released, providing key insights into supply and demand dynamics in the oil market. Rising inventories typically indicate lower demand, potentially leading to a drop in oil prices. - 17:00 GMT | USD | 10-Year Note Auction
The US Treasury will auction 10-year government bonds, and the yield will offer insights into investor sentiment and future interest rate expectations.
- 06:00 GMT | GBP | GDP (MoM) (July)
Thursday, September 12, 2024
- ECB in Focus
- 12:15 GMT | EUR | Deposit Facility Rate (September)
The European Central Bank (ECB) will release its latest decision on the Deposit Facility Rate. With inflation and economic challenges in the Eurozone, this decision could influence EUR volatility across the board. - 12:15 GMT | EUR | ECB Interest Rate Decision (September)
Traders will be closely monitoring the ECB’s interest rate decision. With inflationary pressures continuing in Europe, any deviation from expectations could have significant market impact. - 12:30 GMT | USD | Initial Jobless Claims
This weekly report provides key insights into the US labor market’s health. The data will be closely monitored, as any surprise in the number of claims could lead to fluctuations in the USD. - 12:30 GMT | USD | PPI (MoM) (August)
The Producer Price Index (PPI) for August will provide further clarity on inflation at the wholesale level. Higher PPI figures often translate into consumer inflation, impacting future Federal Reserve decisions. - 12:45 GMT | EUR | ECB Press Conference
Following the interest rate decision, the ECB press conference will provide insights into the central bank’s future monetary policy. Expect heightened volatility for the EUR during this time. - 17:00 GMT | USD | 30-Year Bond Auction
The 30-year bond auction will provide additional insights into long-term investor sentiment and could influence USD trading.
- 12:15 GMT | EUR | Deposit Facility Rate (September)
Friday, September 13, 2024
No major economic data releases are scheduled for this day.
A Calm End to the Week
Zooe’s Trading Advantages
Zooe offers several key advantages that make trading both accessible and efficient for traders of all experience levels:
- Fast Withdrawals: Access your earnings quickly with Zooe’s efficient withdrawal system.
- Top-Tier Security: Trade confidently knowing your funds are protected.
- Diverse Market Access: Trade Forex, commodities, stocks, and indices all in one platform.
- Flexible Payments: Enjoy a variety of funding and withdrawal methods to suit your needs.
- Social & Copy Trading: Replicate the success of top traders with Zooe’s intuitive platform.
Risk Reminder
Trading in financial markets involves significant risks, including the potential loss of your investment. Trade responsibly and only invest what you can afford to lose. Seek independent financial advice if needed.
Download the Zooe app to grab your ¢1888 Welcome Account today!
