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Look ahead: Economic Calendar – for Fri Aug 31, 2018 – If, Then… Market Timing

Look ahead: Economic Calendar – for Fri Aug 31, 2018

By Rod David | August 30, 2018 - 12:34 pm

A midday look ahead in preparation for economic reports and events scheduled for the next trading day.

Highlights: Friday’s calendar is thin, but heavy. Both of its econ reports are both high-profile and reliably influential. And both are post-open, potentially interfering with price action –inhibiting ahead and exaggerating behind. PMI is released privately to its institutional subscribers, and any price reaction tends to be duplicated when released publicly several minutes later. Consumer Sentiment’s impact probably won’t be much unless it deviates from the recently steady stream of strong consumer readings.

*Chicago PMI
9:45 AM ET

*Consumer Sentiment
10:00 AM ET

Baker-Hughes Rig Count
1:00 PM ET

Posted in Bigger Picture, Econ Calendar, members-only