{"id":15775,"date":"2021-09-21T07:40:33","date_gmt":"2021-09-21T07:40:33","guid":{"rendered":"https:\/\/errante.com\/?p=15775"},"modified":"2021-09-21T07:40:34","modified_gmt":"2021-09-21T07:40:34","slug":"the-week-ahead-21st-24th-september-2021","status":"publish","type":"post","link":"https:\/\/errante.com\/newsroom\/the-week-ahead-21st-24th-september-2021\/","title":{"rendered":"The Week Ahead: 21st -24th September 2021"},"content":{"rendered":"\n

Overview for the Week Ahead<\/strong>\u00a0<\/h2>\n\n\n\n

It is a quiet week for the US economic calendar this week but there are still some great opportunities to trade. <\/p>\n\n\n\n

The main event of the week is the FOMC monetary policy decision on Wednesday. <\/p>\n\n\n\n

With the markets expecting the FED to stand firm, the economic and interest rate projections and press conference will be pivotal. FED Chair Powell prepped the markets for the tapering to begin this year. The markets are not expecting any hint of a shift in policy on interest rates <\/p>\n\n\n\n

Investors will be watching the Federal Reserve closely this week as the agency offers new insight on inflation and its impact on the U.S. economic outlook and monetary policy moving forward. <\/p>\n\n\n\n

The market will also take in key housing data and a slew of earnings from big names including FedEx, Nike, and Costco.\u00a0<\/p>\n\n\n\n

President Biden is also set to deliver in-person remarks to the 76th session of the United Nations General Assembly for the first time since taking office. <\/p>\n\n\n\n

This is as the market looks to bounce back after a losing week and an ongoing rocky September.\u00a0<\/p>\n\n\n\n

It is a busy week for Europe with September PMIs for France, Germany, and the Eurozone will draw plenty of interest on Thursday. <\/p>\n\n\n\n

While Germany\u2019s manufacturing PMI is key, expect influence from the entire data set. Market concerns over the economic recovery have tested support for riskier assets. Softer PMI numbers would test EUR support on the day. <\/p>\n\n\n\n

For the UK, the BoE\u2019s monetary policy decision on Thursday will be the main event. <\/p>\n\n\n\n

Persistent inflationary pressure has raised the prospects of a sooner rather than later move by the BoE. However, weak retail sales figures have made things less clear so have your trading charts ready. <\/p>\n\n\n\n

This Week\u2019s High Impact Events<\/strong> <\/h3>\n\n\n\n

The times below are GMT +3. <\/p>\n\n\n\n

Tuesday 21<\/strong>st<\/sup><\/strong> September<\/strong> <\/p>\n\n\n\n