Name: Economic Calendar Of The Week - Sept 28 - Oct 2, 2015
Uploaded: 2015-09-28T18:36:21.000Z
Duration: 3 min 5 s
Description: Thousands of YouTube videos with English-Chinese subtitles! Now you can learn to understand native speakers, expand your vocabulary, and improve your pronunciation...

Welcome to the Investors Trading Academy economic calendar of the week. Each week our news analysts

review the upcoming economic events that you should be monitoring. Last week continued

to focus on central banks with Mario Draghi and Janet Yellen on the calendar. This week

traders will once again focus on economic data as one month ends and the new month begins

leaving the calendar full of events. This week will culminate with the US nonfarm payroll

report. In China, the official purchasing managers’

index for manufacturing is released on Thursday alongside the services variant. The Caixin

purchasing managers’ index is also slated for release on the same day. Traders are hoping

to see an improvement in the Chinese economic situation.

Monday will be a busy day with the Mr. Putin’s speech to the UN the top event. When Russian

President Vladimir Putin finally takes the UN stage on September 28, he won't need to

take off his shoe and bang the podium with it like a Soviet predecessor, Nikita Khrushchev,

reportedly did 55 years ago. Putin's address to the United Nations General

Assembly, his first in a decade, comes as the Kremlin bangs its proverbial shoe on the

world stage with growing frequency and volume. From Syria to Ukraine to the Arctic, Moscow

has reset the agenda and kept Western states -- and perhaps the United States, first and

foremost -- off balance and playing catch-up. There are several speakers from the Federal

Reserve scheduled on Monday and once again a speech in St. Louis by Janet Yellen on Thursday.

First up on Monday will be William Dudley, president of the New York Federal Reserve

will give an interview for the Wall Street Journal and talk about the rate hike issue

and about inflation expectations. In his former talks, Dudley spoke against a rate rise in

September amid international and financial market developments, but noted he hopes the

Fed will still raise rates this year. Fed Chair Janet Yellen said the U.S. central

bank is still prepared to raise interest rates this year for the first time in nearly a decade.

Yellen said that recent inflationary weakness is temporary, caused by a strong dollar and

low oil prices, which are likely to pass. She said U.S. economic prospects appear solid

suggesting a rate hike is near. Market volatility is expected.

The week of September 28 to October 2 will bring three major US employment releases.

The ADP private payroll report will be published on Wednesday, the weekly unemployment claims

will be released on Thursday, and finally, the biggest event of the week will be on Friday

when the Bureau of Labor Statistics releases the September non-farm payrolls report, or

NFP. The USD strength has waned as economic data

posts positive numbers, yet the Federal Reserve has failed to commit to a clear rate hiking

schedule sowing uncertainty and triggering volatility. The NFP is expected to announce

200,000 new jobs, but at this point it remains to be seen if that is enough for the Fed.