Economic Forecast: Friday closing is important


Here is the list of various economic forecast. Market is experiencing a volatility session. Friday closing is important for monday morning trade.

Economic forecast

USD: Core PPI m/m at 6:00 PM

Measures: Change in the price of finished goods and services sold by producers

Released monthly, about 13 days after the month ends

Next Release Date Aug 11, 2022

Source changed series calculation formula as of Feb 2014

It’s a leading indicator of consumer inflation – when producers charge more for goods and services the higher costs are usually passed on to the consumer

Forecast- [0.5%]
Previous- [0.5%]
Actual- ?

Impact- The forecast figure seems to be neutral for base metals and the dollar while positive for bullions. The actual figure to release at 6:00 PM.


USD: PPI m/m at 6:00 PM

Measures: Change in the price of finished goods and services sold by producers

Released monthly, about 13 days after the month ends

Next Release Date Aug 11, 2022

Source changed series calculation formula as of Feb 2014

It’s a leading indicator of consumer inflation – when producers charge more for goods and services the higher costs are usually passed on to the consumer

Forecast- [0.8%]
Previous- [0.8%]
Actual- ?

Impact- The forecast figure seems to be neutral for base metals and the dollar while positive for bullions. The actual figure to release at 6:00 PM.


Natural Gas Storage at 8:00 PM

Measures: Change in the number of cubic feet of natural gas held in underground storage during the past week

Released weekly, 5 days after the week ends

Next Release date Jul 21, 2022

Inventories are used to maintain price stability during supply shortages and periods of increasing demand

Forecast- [60B]
Previous- [60B]
Actual- ?

Impact- The forecast figure seems to be neutral for Natural Gas The actual figure is to release at 8:00 PM.


USD: FOMC Member Waller Speaks at 8:30 PM

Measures: Due to speak about the economic outlook at the Annual Rocky Mountain Economic Summit, in Idaho

FOMC voting member Dec 2020 – Jan 2030

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


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