US Federal Reserve page 2

The Federal Reserve System (Fed) is the most important monetary oversight organization in the United States. However, its influence is much wider, it has a strong impact on global economic growth, the value of funds, and therefore all resources and goods. Let's look at the work of this regulator, and talk about its functions and tasks.

Key events: Eurozone – CPI (YoY) (Oct)   UK – Autumn Forecast Statement      USA – Building Permits (Oct)   USA – Initial Jobless Claims USA – Philadelphia Fed Manufacturing Index (Nov)  

Key events:   UK - Composite PMI (Oct)   UK - Services PMI (Oct) UK - BoE Interest Rate Decision (Nov) UK - BoE Gov Bailey Speaks      USA - Initial Jobless Claims   USA - ISM Non-Manufacturing PMI (Oct) UK - BoE Gov Bailey Speaks    

Key events:

Key events: UK - Composite PMI (Sep)   UK - Services PMI (Sep)   USA - ADP Nonfarm Employment Change (Sep) USA - ISM Non-Manufacturing PMI (Sep) USA - Crude Oil Inventories   The bad news now means the possibility of good news from the Federal Reserve. "Bulls" in the gold market seem to be expecting a significant deterioration in the U.S. (not in terms of inflation, but in terms of economic growth), which would discourage the central bank from aggressively raising interest rates, thereby undermining markets.

Key events: USA — JOLTs Job Openings (Aug) Eurozone — ECB President Lagarde Speaks   The technical reversal pattern Shooting Star is formed on the weekly chart of the DXY index. Philosophical Japanese, who gave such a romantic name to this pattern, did not assume how exactly it would tell about the current situation. The superstar of the last year and a half, the unstoppable dollar, has shown this configuration on the W1 timeframe for the first time since it took off. So, the star is falling.  

The Fed funds rate is one of the most important benchmarks for investors and traders all over the world. Its adjustment significantly affects exchange rates and the economic situation of countries. Let's take a closer look at how all this can affect the stock and forex markets in the U.S. and around the world. It will help us understand why investors and traders pay so much attention to this indicator.

Key events: Japan - National Core CPI (YoY) (Aug)

Key events: Eurozone - Core CPI (YoY) (Aug)

Key events: Eurozone - Euro Summit  Canada - Employment Change (Aug) Canada - Unemployment Rate (Aug)           The EUR/USD pair traded above 1.0000 in anticipation of the European Central Bank's monetary policy decision as demand for the dollar remained subdued. During the first half of the day Asian and European stocks struggled to continue rising, although most indices held on to most of their intraday gains. At the same time, government bond yields remained at the lower end of their weekly range.