WorldWideMarkets Community

Forex Trading, Market News & Technical Analysis

The U.S. Week Ahead

Posted by WorldWideMarkets . on Sep 2, 2013 12:57:00 AM

A short week in the U.S. with markets closed for the Labor Day holiday on Monday which only compresses an important data period.

Tuesday has the ISM Manufacturing PMI for August.

Wednesday has International trade for July, the revision of Durable Goods for July, Factory Orders for July as well as Challenger layoffs for August, ADP national employment for August, and the ISM Services report for August.

Thursday has the release of initial weekly jobless claims.

But the BIG number is Friday with the last non-farm payrolls report before the Fed meets again and potentially announces it will taper its stimulus program. The consensus estimate for August non-farm payrolls is 175,000 new jobs.


Fed speakers on tap include Federal Reserve Bank of San Francisco President John Williams who speaks on the economy and monetary policy before a group of community leaders in Portland, Oregon on Wednesday Sept 4. Q&A expected with media and audience. Federal Reserve Bank of Minneapolis President Narayana Kocherlakota speaks at a town hall forum at University of Wisconsin in La Crosse, Wisconsin, the same day. Kocherlakota is scheduled to speak again at the university the next day. Both have Q&A sessions. On Friday, Sept 6, Federal Reserve Bank of Chicago President Charles Evans speaks before the AgFirst Farm Credit Bank 2013 Summit in Greenville, South Carolina with audience Q&A. Reserve Bank of Kansas City President Esther George speaks on "The Federal Reserve and the Economy" at a business leaders meeting the same day in Omaha, Nebraska.  nfp trading

 

Tools & Educational Resources

Forex 101LEARN MORE >>
Learn the basics of Forex and how to practice trading the markets.

GlossaryLEARN MORE >>
Confused by the language? Click here and search for key trading terms.

FAQ CenterLEARN MORE >>
Browse our frequently asked questions and find your answers right away.

VideosLEARN MORE >>
Access to the educational lessons, webinars and platform walkthroughs.

READY TO TRY THE MARKETS?

Get started with a FREE $10,000 Demo Account and experience the Forex Market RISK FREE!