Week’s main events (August 19 – August 23)
This week, investors will focus on US Federal Reserve Chairman Jerome Powell’s speech at the central bank’s annual conference in Jackson Hole, where he will share his views on the future trajectory of interest rates. Hopes of a soft landing for the economy again drive US indices higher. Most market participants believe the Fed will cut rates at its upcoming September meeting. Also, this week, inflation data from the Eurozone, Canada, and Japan will be released. In Canada and the Eurozone, inflationary pressures are expected to ease, while economists forecast an increase in consumer prices in Japan. At the end of the week, eurozone countries will publish important data on manufacturing and services PMI that will show the economy’s health during high interest rates.
- – New Zealand Trade Balance (q/q) at 01:45 (GMT+3);
- – China PBoC Loan Prime Rate at 03:15 (GMT+3);
- – Australia Monetary Policy Meeting Minutes (m/m) at 04:30 (GMT+3);
- – Switzerland Trade Balance (m/m) at 09:00 (GMT+3);
- – Eurozone Consumer Price Index (m/m) at 12:00 (GMT+3);
- – Switzerland SNB Chairman Jordan Speaks at 12:30 (GMT+3);
- – Canada Consumer Price Index (m/m) at 15:30 (GMT+3);
- – US FOMC Member Bostic Speaks at 20:35 (GMT+3);
- – US FOMC Member Barr Speaks at 21:45 (GMT+3).
- – Japan Trade Balance (m/m) at 09:00 (GMT+3);
- – US Crude Oil Reserves (w/w) at 17:30 (GMT+3);
- – US FOMC Meeting Minutes at 21:00 (GMT+3).
- – Australia Manufacturing PMI (m/m) at 02:00 (GMT+3);
- – Australia Services PMI (m/m) at 02:00 (GMT+3);
- – Japan Manufacturing PMI (m/m) at 03:30 (GMT+3);
- – Japan Services PMI (m/m) at 03:30 (GMT+3);
- – German Manufacturing PMI (m/m) at 10:30 (GMT+3);
- – German Services PMI (m/m) at 10:30 (GMT+3);
- – Eurozone Manufacturing PMI (m/m) at 11:00 (GMT+3);
- – Eurozone Services PMI (m/m) at 11:00 (GMT+3);
- – UK Manufacturing PMI (m/m) at 11:30 (GMT+3);
- – UK Services PMI (m/m) at 11:30 (GMT+3);
- – Jackson Hole Symposium at 15:00 (GMT+3);
- – US Initial Jobless Claims (w/w) at 15:30 (GMT+3);
- – US Manufacturing PMI (m/m) at 16:45 (GMT+3);
- – US Services PMI (m/m) at 16:45 (GMT+3);
- – US Existing Home Sales (m/m) at 17:00 (GMT+3);
- – US Natural Gas Storage (w/w) at 17:30 (GMT+3).
- – New Zealand Retail Sales (q/q) at 01:45 (GMT+3);
- – Japan National Core CPI (m/m) at 02:30 (GMT+3);
- – Singapore Consumer Price Index (m/m) at 08:00 (GMT+3);
- – Canada Retail Sales (m/m) at 15:30 (GMT+3);
- – Jackson Hole Symposium at 15:00 (GMT+3);
- – US Fed Chair Powell Speaks at 17:00 (GMT+3);
- – US New Home Sales (m/m) at 17:00 (GMT+3);
- – UK BoE Gov Bailey Speaks at 22:00 (GMT+3).
by 2024.08.19
, Open Account