• Home
• /
• Newsroom
• /
• The Week Ahead: 4th – 10th September 2023

The Week Ahead: 4th – 10th September 2023

Overview for the Week Ahead

It is the unofficial end of summer with Labor Day on Monday. Markets are closed so it will be a holiday shortened week on Wall Street. It will also be a light week on the economic calendar.

On Tuesday, we will get the latest reading on factory orders.

On Wednesday, we’ll get data on the services sector, the trade deficit, and the Fed’s Beige Book.

Thursday, we will get the weekly look at jobless claims. And it’s also a very busy day for Fed Speak. Austan Goolsbee, Patrick Harker, Lorie Logan, Raphael Bostic, and John Williams are all scheduled for speeches that day.

British finance minister Jeremy Hunt said on Saturday inflation was on track to halve by the end of 2023, vowing to focus on the goal as he laid out his priorities ahead of the reopening of parliament after the summer break.

Britain’s inflation rate is forecast to fall to about 5% by the end of the year – half January’s level – and meeting the target would mean one of the five key pledges Prime Minister Rishi Sunak made to voters for 2023 would be met.

Hunt’s continued focus on inflation will disappoint some lawmakers from within the ruling Conservative Party who have called for tax cuts before the election, angry that British tax revenues are the highest as a share of the economy since the 1940s.

Have your trading charts ready this week!

This Week’s High Impact Events

The times below are GMT +3.

Monday 4^th September

• 16.30 – Europe – ECB President Lagarde Speaks

Potential instruments to Trade: EUR Crosses. 

Tuesday 5^th September

• 07.30 – Australia – Cash Rate, RBA Rate Statement

Potential instruments to Trade: AUD Crosses. 

Wednesday 6^th September

• 04.30 – Australia – GDP q/q

Potential instruments to Trade: AUD Crosses. 

• 17.00 – Canada – BoC Rate Statement, Overnight Rate

Potential instruments to Trade: CAD Crosses. 

• 17.00 – US – ISM Services PMI

Potential instruments to Trade: USD Crosses. 

Thursday 7^th September

• 06.10 – RBA Gov Lowe Speaks

Potential instruments to Trade: AUD Crosses. 

• 15.30 – US – Unemployment Claims

Potential instruments to Trade: USD Crosses. 

• 20.55 – Canada – BoC Gov Macklem Speaks

Potential instruments to Trade: CAD Crosses. 

Friday 8^th September

• 15.30 – Canada – Employment Change, Unemployment Rate

Potential instruments to Trade: CAD Crosses.

Saturday 9^th September

• 04.30 – China – CPI y/y, PPI y/y

Potential instruments to Trade: CNY Crosses.

• All Day – Day 1 – G20 Meetings

Potential instruments to Trade: All Crosses.

Sunday 10^th September

• All Day – Day 2 – G20 Meetings

Potential instruments to Trade: All Crosses.

If you have any questions or require any assistance, please contact one of our support team members via our Live Chat or email [email protected].

We are Errante. Trading made personal.

• Share with a Friend