{"id":8993,"date":"2024-07-15T06:19:54","date_gmt":"2024-07-15T06:19:54","guid":{"rendered":"https:\/\/justmarkets.eu\/uncategorized\/weeks-main-events-july-15-july-19\/"},"modified":"2024-07-15T06:21:15","modified_gmt":"2024-07-15T06:21:15","slug":"weeks-main-events-july-15-july-19","status":"publish","type":"post","link":"https:\/\/justmarkets.eu\/de\/analytics\/weeks-main-events-july-15-july-19\/","title":{"rendered":"Week&#8217;s main events (July 15 \u2013 July 19)"},"content":{"rendered":"\r\n<div class=\"ag-base_page ag-m-format-container\">\r\n<h1 class=\"ag-base_title-page\">Week&#8217;s main events (July 15 \u2013 July 19)<\/h1>\r\n<div class=\"ag-analytics-page ag-market-overview-page\">\r\n    <p class=\"ag-analytics_text\">\r\nInflation data will continue to dominate the economic agenda this week. In Canada, the UK, and New Zealand, inflation is expected to decline, while inflationary pressures are expected to intensify in Japan. Traders should also keep a close eye on China&#8217;s economic data. With deflationary forces intensifying, weak economic data could lead to massive stimulus, especially during the Chinese Communist Party&#8217;s annual meeting. Also, this week, labor market statistics for Great Britain and Australia will be published. A strong labor market is usually a positive factor for the currency, as it allows the central bank to postpone rate cuts. Several big companies are due to report this week. Volatility on stock indices will increase as the reporting period moves towards the middle.\r\n\r\n  <\/p>\r\n\r\n\r\n  <div class=\"ag-analytics_title\">\r\n    Monday, July&#160;15\r\n  <\/div>\r\n  <div class=\"ag-analytics_title-list\">\r\nOn Monday, investors will focus on China&#8217;s economic data. GDP is expected to show&#160;5.1% annualized growth, but other data is expected to be weak. It&#8217;s worth keeping in mind that this data significantly impacts Asian indices. It\u2019s a bank holiday in Japan.\r\n  <\/div>\r\n  \r\n  <div class=\"ag-analytics_title-list__strong\">\r\n    Main events of the day:\r\n  <\/div>\r\n\r\n  <ul class=\"ag-analytics_list\">\r\n<li>\u2013 Chinese GDP (m\/m) at&#160;05:00&#160;(GMT+3);\r\n<\/li>\r\n<li> Chinese Industrial Production (m\/m) at&#160;05:00&#160;(GMT+3);\r\n<\/li>\r\n<li>\u2013 Chinese Unemployment Rate (m\/m) at&#160;05:00&#160;(GMT+3);\r\n<\/li>\r\n<li>\u2013 Chinese Retail Sales  (m\/m) at&#160;05:00&#160;(GMT+3);\r\n<\/li>\r\n<li>\u2013 Switzerland Producer Price Index (m\/m) at&#160;09:30&#160;(GMT+3);\r\n<\/li>\r\n<li>\u2013 Eurozone Industrial Production (m\/m) at&#160;12:00&#160;(GMT+3);\r\n<\/li>\r\n<li>\u2013 Eurozone Empire State Manufacturing Index (m\/m) at&#160;15:30&#160;(GMT+3);\r\n<\/li>\r\n<li>\u2013 Canada BoC Business Outlook Survey at&#160;17:30&#160;(GMT+3).\r\n<\/li>\r\n<li>\u2013 US Fed Chair Powell Speaks at&#160;19:00&#160;(GMT+3);\r\n<\/li>\r\n<li>\u2013 US FOMC Daly Speaks at&#160;23:35&#160;(GMT+3).\r\n<\/li>\r\n\r\n  <\/ul>\r\n\r\n  \r\n  <div class=\"ag-analytics_title\">\r\n    Tuesday, July&#160;16\r\n  <\/div>\r\n  <div class=\"ag-analytics_title-list\">\r\nOn Tuesday, traders should focus on the Canada Consumer Price Index. Analysts expect that in annual terms, inflation in Canada will continue to decline, which will increase the likelihood that the Bank of Canada&#160;(BoC) will begin a down cycle as early as this fall. It might be negative for CAD. Investors will also get an update on US retail sales. This indicator shows how consumers spend money during a high interest rate period. Weak data could trigger a sell-off in the US dollar.\r\n  <\/div>\r\n\r\n   <div class=\"ag-analytics_title-list__strong\">\r\n    Main events of the day:\r\n  <\/div>\r\n\r\n  <ul class=\"ag-analytics_list\">\r\n<li>\u2013 German ZEW Economic Sentiment (m\/m) at&#160;12:00&#160;(GMT+3);<\/li>\r\n<li>\u2013 Eurozone ZEW Economic Sentiment (m\/m) at&#160;12:00&#160;(GMT+3);<\/li>\r\n<li>\u2013 Eurozone Trade Balance (m\/m) at&#160;12:00&#160;(GMT+3);<\/li>\r\n<li>\u2013 US Retail Sales (m\/m) at&#160;15:30&#160;(GMT+3);<\/li>\r\n<li>\u2013 Canada Consumer Price Index (m\/m) at&#160;15:30&#160;(GMT+3).<\/li>\r\n  <\/ul>\r\n\r\n\r\n  <div class=\"ag-analytics_title\">\r\n    Wednesday, July&#160;17\r\n  <\/div>\r\n  <div class=\"ag-analytics_title-list\">\r\nThe main event on Wednesday will be the inflation data in the United Kingdom, Eurozone, and New Zealand. Analysts predict that the inflation in New Zealand will decrease from&#160;4.0% to&#160;3.6% y\/y, in the UK is expected to see a slight decrease from&#160;2.0% to&#160;1.9% y\/y, while in the Eurozone, analysts predict the same figures. As a rule, lower inflation is accompanied by the weakness of the national currency and vice versa. It is also worth remembering that New Zealand inflation data is published quarterly, which increases its importance.\r\n\r\n  <\/div>\r\n\r\n <div class=\"ag-analytics_title-list__strong\">\r\n    Main events of the day:\r\n  <\/div>\r\n\r\n  <ul class=\"ag-analytics_list\">\r\n<li>\u2013 New Zealand Consumer Price Index (m\/m) at&#160;01:45&#160;(GMT+3).<\/li>\r\n<li>\u2013 UK Consumer Price Index (m\/m) at&#160;09:00&#160;(GMT+3);<\/li>\r\n<li>\u2013 UK Producer Price Index (m\/m) at&#160;09:00&#160;(GMT+3);<\/li>\r\n<li>\u2013 Eurozone Consumer Price Index (m\/m) at&#160;12:00&#160;(GMT+3);<\/li>\r\n<li>\u2013 US Industrial Production (m\/m) at&#160;16:15&#160;(GMT+3);<\/li>\r\n<li>\u2013\u2013 US Crude Oil Reserves (w\/w) at&#160;17:30&#160;(GMT+3).<\/li>\r\n\r\n\r\n  <\/ul>\r\n\r\n  <div class=\"ag-analytics_title\">\r\n    Thursday, July&#160;18\r\n  <\/div>\r\n  <div class=\"ag-analytics_title-list\">\r\nOn Thursday, traders should be interested in the ECB interest rate decision. The ECB is expected to keep the rate on hold at its July meeting. The press conference should focus on France&#8217;s future rate path and developments. Investors should also pay attention to the labor market data in Australia and the United Kingdom.\r\n\r\n  <\/div>\r\n\r\n <div class=\"ag-analytics_title-list__strong\">\r\n    Main events of the day:\r\n  <\/div>\r\n\r\n  <ul class=\"ag-analytics_list\">\r\n<li>\u2013 Japan Trade Balance (m\/m) at&#160;02:50&#160;(GMT+3);<\/li>\r\n<li>\u2013 Australia Unemployment Rate (m\/m) at&#160;04:30&#160;(GMT+3);<\/li>\r\n<li>\u2013 UK Average Earnings Index (m\/m) at&#160;09:00&#160;(GMT+3);<\/li>\r\n<li>\u2013 UK Claimant Count Change (m\/m) at&#160;09:00&#160;(GMT+3);<\/li>\r\n<li>\u2013 UK Unemployment Rate (m\/m) at&#160;09:00&#160;(GMT+3)<\/li>\r\n<li>\u2013 Eurozone ECB Interest Rate Decision at&#160;15:15&#160;(GMT+3);<\/li>\r\n<li>\u2013 Eurozone Monetary Policy Statement at&#160;15:15&#160;(GMT+3);<\/li>\r\n<li>\u2013 US Initial Jobless Claims (w\/w) at&#160;15:30&#160;(GMT+3);<\/li>\r\n<li>\u2013 Eurozone ECB Press Conference at&#160;15:45&#160;(GMT+3);<\/li>\r\n<li>\u2013 Eurozone President Lagarde Speaks (m\/m) at&#160;17:15&#160;(GMT+3);<\/li>\r\n<li>\u2013 US Natural Gas Storage (w\/w) at&#160;17:30&#160;(GMT+3).<\/li>\r\n  <\/ul>\r\n\r\n  <div class=\"ag-analytics_title\">\r\n    Friday, July&#160;19\r\n  <\/div>\r\n  <div class=\"ag-analytics_title-list\">\r\nThe most important Friday release for investors will be the inflation rate data in Japan. Analysts expect a slight increase in consumer inflation from&#160;2.5% to&#160;2.7%. Volatility in currency pairs with the Japanese yen will increase the likelihood that the Bank of Japan will continue to raise rates. Investors should also pay attention to the retail sales data in Canada and the United Kingdom.\r\n  <\/div>\r\n  <div class=\"ag-analytics_title-list__strong\">\r\n    Main events of the day:\r\n  <\/div>\r\n\r\n  <ul class=\"ag-analytics_list\">\r\n<li>\u2013 Japan National Core Consumer Price Index at&#160;02:30&#160;(GMT+3);<\/li>\r\n<li>\u2013 UK Retail Sales (m\/m) at&#160;09:00&#160;(GMT+3);\r\n<\/li>\r\n<li>\u2013 German Producer Price Index (m\/m) at&#160;09:00&#160;(GMT+3);<\/li>\r\n<li>\u2013 Canada Retail Sales  (m\/m) at&#160;15:30&#160;(GMT+3);<\/li>\r\n<li>\u2013 US FOMC Willaams Speaks at&#160;17:40&#160;(GMT+3);<\/li>\r\n<li>\u2013 US FOMC Bostic Speaks at&#160;19:45&#160;(GMT+3).<\/li>\r\n\r\n\r\n  <\/ul>\r\n\r\n\r\n\r\n<p class=\"ag-analytics_text\">by <span class=\"author vcard\"><span class=\"fn\">JustMarkets<\/span><\/span>, <span class=\"updated\">2024.07.15<\/span><\/p>\r\n<!--a href=\"\/analytics\/daily-forecast\" class=\"ag-analytics_link\">\r\n          We advise you to get acquainted with the daily forecasts for the major currency pairs.\r\n        <\/a--> <a class=\"ag-base-btn\" href=\"https:\/\/secure.justmarkets.eu\/de\/register\/?sl=1\">Open Account<\/a><\/div>\r\n<\/div>\r\n\r\n\r\n\r\n<p>&nbsp;<\/p>\r\n","protected":false},"excerpt":{"rendered":"<p>Week&#8217;s main events (July 15 \u2013 July 19) Inflation data will continue to dominate the economic agenda this week. In Canada, the UK, and New Zealand, inflation is expected to decline, while inflationary pressures are expected to intensify in Japan. Traders should also keep a close eye on China&#8217;s economic &#8230;<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[328,332,335],"tags":[],"class_list":["post-8993","post","type-post","status-publish","format-standard","hentry","category-analytics","category-market-overview","category-weekly-overview"],"featured_image_src":"","blog_images":{"medium":"","large":""},"acf":[],"aioseo_notices":[],"ams_acf":[{"key":"icon","label":"Icon","value":false}],"_links":{"self":[{"href":"https:\/\/justmarkets.eu\/de\/wp-json\/wp\/v2\/posts\/8993","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/justmarkets.eu\/de\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/justmarkets.eu\/de\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/justmarkets.eu\/de\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/justmarkets.eu\/de\/wp-json\/wp\/v2\/comments?post=8993"}],"version-history":[{"count":1,"href":"https:\/\/justmarkets.eu\/de\/wp-json\/wp\/v2\/posts\/8993\/revisions"}],"predecessor-version":[{"id":8999,"href":"https:\/\/justmarkets.eu\/de\/wp-json\/wp\/v2\/posts\/8993\/revisions\/8999"}],"wp:attachment":[{"href":"https:\/\/justmarkets.eu\/de\/wp-json\/wp\/v2\/media?parent=8993"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/justmarkets.eu\/de\/wp-json\/wp\/v2\/categories?post=8993"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/justmarkets.eu\/de\/wp-json\/wp\/v2\/tags?post=8993"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}