Wednesday, September 7, 2016

Market Moving Event In September

Sept. 8, 2016 ECB meeting
The bank’s 25-member governing council of ECB,  headed by Draghi, decides interest rate benchmarks and other monetary policy steps for the 19 countries that use the euro currency, when it meets Thursday, Sept. 8, 2016 in Frankfurt.

Sept. 20-21 Federal Open Market Committee
Markets are betting the Federal Reserve leaves rates unchanged at its September meeting it meets Sept. 20-21.

On September 26-28, International Energy Forum (IEF)
Representatives of 73 member states of the International Energy Forum (IEF) are set to meet in the Algerian capital to discuss oil-related issues. OPEC members are expected to hold informal consultations on the sidelines of the IEF summit to discuss ways to stabilise oil prices.

Saudi and Russia has expressed willingness to cut or freeze oil production. Oil could jump $10 or more on any news of production cut.

All posts and charts are for educational and illustration purposes only

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