Here is the checklist of economic updates which may influence the market. Today, we have data on manufacturing index which may create volatility in the market.
Richmond Manufacturing Index at 8:30 PM
Measures-Level of a composite index based on surveyed manufacturers in Richmond
Released monthly, on the fourth Tuesday of the current month
Next Release date Dec 27, 2022
Above 0 indicates improving conditions, below indicates worsening conditions. Tends to have a muted impact because there are earlier regional indicators related to manufacturing conditions
Survey of about 55 manufacturers in the Richmond area which asks respondents to rate the relative level of business conditions including shipments, new orders, and employment
Forecast- [-9]
Previous- [-10]
Actual- ?
Impact- The forecast figure seems to be neutral for base metals and dollar while positive for bullions. The actual figure to release at Richmond Manufacturing Index at 8:30 PM*
USD: FOMC Member Mester Speaks at 9:30 PM
Measures: on Due to deliver opening remarks at an online event hosted by the Cleveland Federal Reserve Bank
FOMC voting member 2014, 2016, 2018, 2020, and 2022
Federal Reserve FOMC members vote on where to set the nation’s key interest rates and their public engagements are often used to drop subtle clues regarding future monetary policy
Source: Forex Factory
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