September 1
★★★☆☆U.S. Markit Manufacturing PMI (Final Value) & U.S. ISM Manufacturing PMI (AUG)
The U.S. economy is currently experiencing a “technical recession”. 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 PMIs in August may not be as expected. In addition, the PMI index once fell below the 50 of the boom-bust line, 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
September 2
★★★★★Non-Farm Payroll & U.S. Unemployment Rate (AUG)
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
September 8
★★★★☆The Federal Reserve releases the Beige Book on the state of the economy
Although there is no data in the Beige Book on the economic situation, it is the forward-looking guidance of the Fed officials for the current economic situation and the future. It is the first-hand information and ideas of the Fed officials. Therefore, the Beige Book is used to gain insight into the economic situation and future. The Fed’s monetary policy actions are very important.
Gold is expected to fluctuate about 10~15
Profit per lot up to $1500
September 8
★★★★☆ECB announces interest rate decision & ECB President Lagarde holds monetary policy press conference
At present, inflation in the euro area continues to hit a record high. In addition, the quarterly GDP rate in the euro area is still positive and exceeding expectations. The European Central Bank may resort to a tighter monetary policy to fight inflation, which will be bullish for euro, bearish for the dollar and bullish for gold.
Gold is expected to fluctuate about 10~15
Profit per lot up to $1500
September 13
★★★★★U.S. Not Seasonnally Adjusted CPI (MoM) (YoY) & U.S. Not Seasonnally Adjusted Core CPI (YoY) (AUG)
Even with the current drop in energy prices and a sharp drop in grain futures prices, the current U.S. CPI is still high. It is expected that the annual rate of the US CPI and the annual rate of the core CPI in August will slightly exceed expectations or meet expectations, 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
September 15
★★★★☆BOE announces interest rate decision & meeting minutes
Inflation in the UK is still at a historically high level, coupled with the slowing economic growth in the UK, as well as political turmoil and other factors, this will make the announcement of the Bank of England’s interest rate decision and meeting minutes particularly important. The interest rate decision may be in line with expectations, may cause large fluctuations in the short-term of the British pound and the dollar, and gold may also fluctuate greatly.
Gold is expected to fluctuate about 10~15
Profit per lot up to $1500
September 16
★★★★★University of Michigan Consumer Confidence Index (Initial Value) (SEP)
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
September 22
★★★★★ FOMC announces interest rate decision & Powell holds monetary policy press conference
Before that, Federal Reserve Chairman Powell said that the extent of future interest rate hikes depends on the economic data, which was interpreted by the market as a “dovish signal”, led many investors to hunt for the bottom after the July FOMC meeting. Therefore, this meeting is extremely important. Whether the policy will turn pigeons and whether Powell give more forward-looking guidance will become the focus of attention. On the whole, the US economic data is weak, the rate of interest rate hike may be in line with expectations, and Powell may once again be dovish to appease the market sentiment, which is bearish for the dollar and bullish for gold.
Gold is expected to fluctuate about 15~20
Profit per lot up to $2000
September 23
★★★☆☆U.S. Markit Manufacturing PMI & Services PMI (Initial Value) (SEP)
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 September 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
September 30
★★★★★U.S. Core Personal Consumption Expenditure Index (PCE) (MoM) (YoY) (AUG)
PCE data reflects the level of spending of the American directly, so this indicator is one of the Fed’s favorite indicators. As U.S. inflation is still on an upward trend (observing CPI), and the current U.S. core PCE monthly rate still maintains an upward trend, it is expected that the annual core PCE price index in August will exceed expectations, which is bullish for the dollar and bearish for gold.
Gold is expected to fluctuate about 15~20
Profit per lot up to $2000
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