October 3
★★★☆☆U.S. Markit Manufacturing PMI (Final Value) & U.S. ISM Manufacturing PMI (Sept)
The U.S. PMI has been below expectations for several consecutive months, which implies that managers are bearish about the future U.S. economy. In addition, the U.S. GDP has recorded negative and lower-than-expected values for two consecutive quarters. It is expected that the U.S. ISM and Markit manufacturing PMI in September may be worse than expected, which will be bearish for the dollar and bullish for gold.
Gold is expected to fluctuate about 0~5
Profit per lot up to $500
October 7
★★★★★Non-Farm Payroll & U.S. Unemployment Rate (Sept)
The sluggish U.S. housing market may gradually affect the U.S. economy. In addition, due to the increase in the average number of initial jobless claims, many institutions predict that the U.S. economy may decline, and leading stock layoffs, the economic downturn may be detrimental to non-farm employment, which will be bearish for the dollar and bullish for gold.
Gold is expected to fluctuate about 15~20
Profit per lot up to $2000
October 13
★★★★★FOMC released the minutes of the monetary policy meeting
Federal Reserve Chairman Powell and Fed officials continue to be hawkish. Even when the recent CPI, PPI and PCE data are less than expected, Fed officials still insist on raising the federal benchmark interest rate, which will be bullish for the dollar and bearish for gold.
Gold is expected to fluctuate about 15~20
Profit per lot up to $2000
October 13
★★★★★U.S. Not Seasonnally Adjusted CPI (MoM) (YoY) & U.S. Not Seasonnally Adjusted Core CPI (YoY) (Sept)
At present, energy prices and grain futures prices have fallen, the PPI and PCE indexes are also lower than expected. It is expected that the annual rate of US CPI and the annual rate of core CPI in September will be in line with expectations or lower than expected, which will be bearish for the dollar and bullish for gold.
Gold is expected to fluctuate about 15~20
Profit per lot up to $2000
October 14
★★★★★University of Michigan Consumer Confidence Index (Initial Value) (Oct)
The US consumer confidence index (both Michigan and the Conference Board) has recently hit a record low record. US consumers’ worries about long-term inflation have put the index in trouble, and the consumer confidence index has shown a downward trend, which will be bearish for the dollar and bullish for gold.
Gold is expected to fluctuate about 15~20
Profit per lot up to $2000
October 24
★★★☆☆U.S. Markit Manufacturing PMI & Services PMI (Initial Value) (Oct)
The US PMI is in a downward trend. It even fell below the 50 line of the boom-bust line, and the Markit PMI focuses more on horizontal comparison. Therefore, it is expected that the US Markit manufacturing and service PMI in October may not be as expected, which is bearish for the dollar and bullish for gold.
Gold is expected to fluctuate about 0~5
Profit per lot up to $500
October 28
★★★★★U.S. Core Personal Consumption Expenditure Index (PCE) (MoM) (YoY) (Sept)
CE data reflects the level of spending of the American directly, so this indicator is one of the Fed’s favorite indicators. At present, CPI, PPI and PCE may further decline. It is expected that the annual monthly rate of the core PCE price index in September will be in line with expectations or lower than expected, which is bearish for the dollar and bullish for gold.
Gold is expected to fluctuate about 15~20
Profit per lot up to $2000
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