Trade Syndication · The week ahead · Monday, Oct 12

Economic calendar, the week of Oct 12: the releases to watch

5 releases, with forecasts and how markets took them last time.

These are the high-impact releases for the week of Oct 12, earliest first, with the forecast, the markets each one moves, and how the main one reacted the last time the same release came out. Times are New York time.

• Wed 08:30 ET: US Core CPI m/m and more, forecast 0.2%
• Wed 20:30 ET: Australia Employment Change and Unemployment Rate, forecast 20.0K
• Thu 02:00 ET: UK GDP m/m, forecast -0.1%
• Thu 08:30 ET: US Core PPI m/m and more, forecast 0.3%
• Thu 23:30 ET: Fed Chairman Warsh Speaks

1. US Core CPI m/m and more, Wednesday 08:30 ET

US Core CPI m/m and more is due Wednesday 08:30 ET. Forecast 0.2%, previous 0.3%.

The markets it moves most: EUR/USD, USD/JPY, Gold, S&P 500, Nasdaq 100.

Last time (Sep 11, 0.3%) USD/JPY moved as far as −0.44% within the hour, 8.5× a normal hour.

Last time, replayed through the desk

Last time it came out, a sell on USD/JPY at 08:35 ET, after the first 5-minute candle, out at 10:30 ET, 1 contract: a $15 fee, the desk up to 100% behind it, $31.66 earned. If it moves like that again, the same trade is there to take, with the desk’s capital behind you. It can just as well move the other way, or not at all. (Hypothetical: real prices replayed through the live engine, not a client result.)

2. Australia Employment Change and Unemployment Rate, Wednesday 20:30 ET

Australia Employment Change and Unemployment Rate is due Wednesday 20:30 ET. Forecast 20.0K, previous 39.5K.

The markets it moves most: AUD/USD.

Last time (Sep 23, 39.5K) AUD/USD moved as far as −0.23% within the hour, 3.1× a normal hour.

3. UK GDP m/m, Thursday 02:00 ET

UK GDP m/m is due Thursday 02:00 ET. Forecast -0.1%, previous 0.4%.

The markets it moves most: GBP/USD, FTSE 100, GBP/JPY.

Last time (Sep 11, 0.4%) GBP/JPY moved as far as +0.21% within the hour, 2.4× a normal hour.

Last time, replayed through the desk

Last time it came out, a buy on GBP/JPY at 02:05 ET, after the first 5-minute candle, out at 04:00 ET, 1 contract: a $15 fee, the desk up to 100% behind it, $43.54 earned. If it moves like that again, the same trade is there to take, with the desk’s capital behind you. It can just as well move the other way, or not at all. (Hypothetical: real prices replayed through the live engine, not a client result.)

4. US Core PPI m/m and more, Thursday 08:30 ET

US Core PPI m/m and more is due Thursday 08:30 ET. Forecast 0.3%, previous 0.2%.

The markets it moves most: EUR/USD, USD/JPY, Gold, S&P 500, Nasdaq 100.

Last time (Sep 10, 0.2%) EUR/USD moved as far as −0.26% within the hour, 5.0× a normal hour.

5. Fed Chairman Warsh Speaks, Thursday 23:30 ET

Fed Chairman Warsh Speaks is due Thursday 23:30 ET.

The markets it moves most: EUR/USD, USD/JPY, Gold, S&P 500, Nasdaq 100.

Last time (Aug 28) EUR/USD moved as far as −0.36% within the hour, 9.2× a normal hour.

Releases are where markets move fast. You take the trade. The desk puts its own capital behind it, steps up as it proves itself, and pays you 90% of what that capital makes.

Trade the next move with the desk behind you →

Prices are from our market data feed; times are New York time (ET), and a day runs New York 17:00 to 17:00. This is market information, not investment advice or a recommendation to trade. Past moves do not predict future ones, and trading involves risk of loss. Economic releases, forecasts and actual figures are from the Forex Factory calendar. Where a trade is shown “replayed through the desk”, it is hypothetical: real market prices replayed through the live Trade Syndication engine at 1 contract. It illustrates how the desk allocates and pays; it is not the result of any client, and earnings can be zero.