Newsworthy Events that can affect the Commodity markets
Maybe last week didn’t answer any questions at all and instead posed more. Hopefully this week’s slew of reports can help the process. On Friday evening, Fed Chair Powell reemphasized the Fed’s patient approach and how their balance sheet could reach the “new normal” in the fourth quarter. We get a heavy dose of Powell over the next 24 hours as he will be featured on CBS’s 60 Minutes tonight and holds a speech again Monday evening. After Powell, here are the ten most crucial events this week in order of delivery:
1. German Industrial Production Monday at 2:00 am CT
2. U.S Retail Sales from January Monday at 7:30 am CT
3. U.K GDP and Manufacturing Production Tuesday at 4:30 am CT
4. U.S CPI Tuesday at 7:30 am CT
5. U.K Parliamentary Vote on Brexit
6. U.S Durable Goods Wednesday at 7:30 am CT
7. Chinese Industrial Production, Fixed Asset Investment and Retail Sales Wednesday at 9:00 pm CT
8. Bank of Japan policy meeting Thursday at 10:00 pm CT
9. Final February Eurozone CPI Friday at 5:00 am CT
10. February U.S Industrial Production and March NY Empire Manufacturing Friday at 7:30 am CT and March Michigan Consumer data at 9:00 am CT
If you have any questions about the commodity futures and options markets, trading or opening an account please let us know!
For more information please contact DAW Trading at brokersedge@dawtradingdiv.com or at 877-329-0006 and visit us at https://dawtradingdiv.com/brokers-edge/
Disclaimer:
Futures and options trading involve significant risk of loss and may not be suitable for everyone. Therefore, carefully consider whether such trading is suitable for you in light of your financial condition. DAW Trading (“DAW”) uses various outside sources for research material regarding futures and options on futures trading therefore the views and opinions expressed in this letter may not necessarily reflect the view of DAW or its staff. The information provided is designed to assist in your analysis and evaluation of the futures and options markets. However, any decisions you may make to buy, sell or hold a futures or options position on such research are entirely your own and not in any way deemed to be endorsed by or attributed to DAW.