Track Key Economic Indicators and Market Shifts This Week
Stay informed this week with Zooe’s economic calendar, detailing key global events in GMT+8 time. These events will influence markets such as forex, commodities, and indices. Major highlights include China’s Manufacturing PMI, the UK’s GDP, and the U.S. Nonfarm Payrolls.
Monday, Sep 30, 2024
09:30 – CNY Manufacturing PMI (Sep)
May influence the yuan and commodities like oil and metals.
14:00 – GBP GDP (YoY/QoQ) (Q2)
Could affect GBP and indices such as UK100.
20:00 – EUR German CPI (MoM) (Sep)
May impact the euro and the DAX index.
21:45 – USD Chicago PMI (Sep)
Could weaken the USD and affect U.S. indices like US500.
Tuesday, Oct 1, 2024
Holiday: China & Hong Kong – National Day
May reduce trading volumes in Asian markets.
01:00 – USD Fed Chair Powell Speaks
Could influence USD pairs and U.S. equities.
17:00 – EUR CPI (YoY) (Sep)
May affect the euro and European indices.
21:45 – USD S&P Global US Manufacturing PMI (Sep)
Could signal economic performance and impact USD and U.S. indices.
22:00 – USD ISM Manufacturing PMI (Sep)
Further signals on manufacturing activity may affect USD and markets.
22:00 – USD ISM Manufacturing Prices (Sep)
May indicate cost pressures, influencing USD and commodities.
22:00 – USD JOLTs Job Openings (Aug)
Job market data could affect the USD and U.S. equities.
Wednesday, Oct 2, 2024
Holiday: China – National Day
Lower market activity in Asian markets.
20:15 – USD ADP Nonfarm Employment Change (Sep)
Employment data may pressure the USD and influence U.S. stocks.
22:30 – USD Crude Oil Inventories
Lower inventories may push oil prices higher and benefit energy stocks.
Thursday, Oct 3, 2024
Holiday: China – National Day
Reduced liquidity in Asian markets.
20:30 – USD Initial Jobless Claims
Employment trends may affect the USD and U.S. stocks.
21:45 – USD S&P Global Services PMI (Sep)
Strong services performance could boost USD and U.S. indices.
22:00 – USD ISM Non-Manufacturing PMI (Sep)
Service sector growth may support USD and stock markets.
22:00 – USD ISM Non-Manufacturing Prices (Sep)
May signal cost pressures, impacting USD and commodities.
Friday, Oct 4, 2024
Holiday: China – National Day
Reduced trading volumes expected due to the holiday.
20:30 – USD Average Hourly Earnings (MoM) (Sep)
Wage growth may drive inflation expectations, impacting retail and financial stocks.
20:30 – USD Nonfarm Payrolls (Sep)
Payroll data may shape USD trends and impact U.S. markets.
20:30 – USD Unemployment Rate (Sep)
Rising unemployment could weaken the USD and affect major U.S. indices.
Trading Tips
As you navigate this week, be aware of potential market volatility due to key events like China’s Manufacturing PMI and the U.S. Nonfarm Payrolls. Here are some tips to consider:
- Manage Your Risk: Major economic data can cause price swings—ensure you set stop-loss orders to protect against unexpected moves.
- Stay Updated: Keep track of news during high-impact events like Fed Chair Powell’s speech and U.S. employment data.
- Diversify: Don’t focus solely on one market; hedge risks by trading across forex, commodities, and indices.
Adjust your strategies accordingly, and stay informed through Zooe’s real-time updates!
Zooe’s Trading Advantages
- Fast Withdrawals: Access your earnings quickly with Zooe’s efficient withdrawal system.
- Top-Tier Security: Trade confidently knowing your funds are protected.
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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.
