{"id":5382,"date":"2023-08-07T08:36:28","date_gmt":"2023-08-07T08:36:28","guid":{"rendered":"https:\/\/justmarkets.eu\/?p=5382"},"modified":"2023-08-07T08:36:29","modified_gmt":"2023-08-07T08:36:29","slug":"weekly-overview-2023-08-07-3-2-2-2-3-2-2-2-2","status":"publish","type":"post","link":"https:\/\/justmarkets.eu\/es\/analytics\/weekly-overview-2023-08-07-3-2-2-2-3-2-2-2-2\/","title":{"rendered":"Week&#8217;s main events (August 07- August 11)"},"content":{"rendered":"\n<div class=\"ag-base_page ag-m-format-container\">\n    <h1 class=\"ag-base_title-page\">\n        Week&#8217;s main events (August&nbsp;07&nbsp;\u2013 August&nbsp;11)\n    <\/h1>\n    <div class=\"ag-analytics-page ag-market-overview-page\">\n      <p class=\"ag-analytics_text\">\nIt will be a relatively quiet week for economic events. The main focus of investors will be the US inflation rate data. Economists expect the annual inflation rate to be moderate and show little change. The UK is due to release monthly GDP data for June and the overall second quarter. China will release trade data on Tuesday and inflation data for July on Wednesday, which is expected to show a decline in consumer prices, amid concerns about the outlook for the world&#8217;s second-largest economy. \n  <\/p>\n  \n\n  \n \n\n  <div class=\"ag-analytics_title\">\n    Monday, August&nbsp;07\n  <\/div>\n  <div class=\"ag-analytics_title-list\">\nOn Monday, investors&#8217; main focus is on industrial production data as well as the speech by FOMC officials. It&#8217;s a bank holiday in Canada and Australia.\n  <\/div>\n  <div class=\"ag-analytics_title-list__strong\">\n    Main events of the day:\n  <\/div>\n  <ul class=\"ag-analytics_list\">\n    <li class=\"ag-analytics_item\">\n\u2013 German Industrial Production (m\/m) at 09:00 (GMT+3);\n    <\/li>\n     <li class=\"ag-analytics_item\">\n\u2013 FOMC Member Harker Speaks at 15:15 (GMT+3);\n    <\/li>\n      <li class=\"ag-analytics_item\">\n\u2013 FOMC Member Bowman Speaks at 15:30 (GMT+3).\n    <\/li>\n    \n\n   \n    \n \n<br>\n  <div class=\"ag-analytics_title\">\n    Tuesday, August&nbsp;08\n  <\/div>\n  <div class=\"ag-analytics_title-list\">\nOn Tuesday, the biggest event will be German inflation data. A slight increase in consumer prices is expected. Also equally important will be the data on the trade balance of major economies.\n\n  <\/div>\n  <div class=\"ag-analytics_title-list__strong\">\n    Main events of the day:\n  <\/div>\n  <ul class=\"ag-analytics_list\">\n    <li class=\"ag-analytics_item\">\n\u2013 Australia NAB Business Confidence (m\/m) at 04:30 (GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n\u2013 China Trade Balance (m\/m) at 06:00 (GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n\u2013 German Consumer Price Index (m\/m) at 09:00 (GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n\u2013 US Trade Balance (m\/m) at 15:30 (GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n\u2013 Canada Trade Balance (m\/m) at 15:30 (GMT+3).\n    <\/li>\n    \n    \n    <\/ul>\n       \n\n  <div class=\"ag-analytics_title\">\n    Wednesday, August&nbsp;09\n  <\/div>\n  <div class=\"ag-analytics_title-list\">\nThe most important Wednesday release for investors will be the inflation rate in China. Analysts predict that the inflation rate in China will remain in deflationary territory. This will increase the likelihood of additional incentives from the authorities. Also, traders should not miss the US Crude Oil Inventories data, which significantly impacts oil prices. \n\n\n  <\/div>\n  <div class=\"ag-analytics_title-list__strong\">\n    Main events of the day:\n  <\/div>\n  <ul class=\"ag-analytics_list\">\n    <li class=\"ag-analytics_item\">\n\u2013 China Consumer Price Index (m\/m) at 04:30 (GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n\u2013 China Producer Price Index (m\/m) at 04:30 (GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n\u2013 New Zealand Inflation Expectations (q\/q) at 06:00 (GMT+3);\n    <\/li>\n       <li class=\"ag-analytics_item\">\n\u2013 Canada Building Permits (m\/m) at 15:30 (GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n\u2013 US Crude Oil Reserves (w\/w) at 17:30 (GMT+3).\n    <\/li>\n    \n  <\/ul>\n\n  <div class=\"ag-analytics_title\">\n    Thursday, August&nbsp;10\n  <\/div>\n  <div class=\"ag-analytics_title-list\">\nOn Thursday, investors should keep a close eye on the US Consumer Price Index. A lower reading would increase the likelihood that Fed policymakers will refrain from raising interest rates at the September meeting. Also, traders should not miss the Norwegian inflation data, which significantly affects the prices of currency pairs with the Norwegian krone.\n\n  <\/div>\n  <div class=\"ag-analytics_title-list__strong\">\n    Main events of the day:\n  <\/div>\n  <ul class=\"ag-analytics_list\">\n    <li class=\"ag-analytics_item\">\n\u2013 Japan Producer Price Index (m\/m) at 02:50 (GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n\u2013 Norway Inflation Rate (m\/m) at 09:00 (GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n\u2013 US Consumer Price Index (m\/m) at 15:30 (GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n\u2013 US Initial Jobless Claims (w\/w) at 15:30 (GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n\u2013 US Natural Gas Storage (w\/w) at 17:30 (GMT+3);\n    <\/li>\n        <li class=\"ag-analytics_item\">\n\u2013 FOMC Member Harker Speaks at 23:15 (GMT+3).\n    <\/li>\n  \n     \n  <\/ul>\n\n  <div class=\"ag-analytics_title\">\n    Friday, August&nbsp;11\n  <\/div>\n  <div class=\"ag-analytics_title-list\">\nThe UK will release second-quarter GDP data on Friday, which is expected to increase slightly, indicating that the economy as a whole remains near stagnation. GDP contracted less than expected in May and had virtually stagnated in the previous two months. Investors should also keep a close eye on the Prelim Consumer Sentiment from the University of Michigan. This data will provide insight into how consumers are forecasting their future during a period of high-interest rates. It&#8217;s a bank holiday in Japan.\n  <\/div>\n  <div class=\"ag-analytics_title-list__strong\">\n    Main events of the day:\n  <\/div>\n  <ul class=\"ag-analytics_list\">\n    <li class=\"ag-analytics_item\">\n\u2013 UK GDP (m\/m) at 09:00 (GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n\u2013 UK Industrial Production (m\/m) at 09:00 (GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n\u2013 UK Manufacturing Production (m\/m) at 09:00 (GMT+3);\n    <\/li>\n      <li class=\"ag-analytics_item\">\n\u2013 US Producer Price Index (m\/m) at 15:30 (GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n\u2013 US Michigan Consumer Sentiment (m\/m) at 17:00 (GMT+3).\n    <\/li>\n   \n        \n  <\/ul>\n\n        <p class=\"ag-analytics_text\">\n            by <span class=\"author vcard\"><span class=\"fn\">JustMarkets<\/span><\/span>,\n            <span class=\"updated\">2023.08.07<\/span>\n        <\/p>\n\n        <!--a href=\"\/analytics\/daily-forecast\" class=\"ag-analytics_link\">\n          We advise you to get acquainted with the daily forecasts for the major currency pairs.\n        <\/a-->\n\n        \n        <a class=\"ag-base-btn\" href=\"https:\/\/secure.justmarkets.eu\/es\/register\/?sl=1\">Open Account<\/a>\n    <\/ul><\/div>\n<\/div>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Week&#8217;s main events (August&nbsp;07&nbsp;\u2013 August&nbsp;11) It will be a relatively quiet week for economic events. The main focus of investors will be the US inflation rate data. Economists expect the annual inflation rate to be moderate and show little change. The UK is due to release monthly GDP data for &#8230;<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[189],"tags":[],"class_list":["post-5382","post","type-post","status-publish","format-standard","hentry","category-analytics"],"featured_image_src":"","blog_images":{"medium":"","large":""},"acf":[],"aioseo_notices":[],"ams_acf":[],"_links":{"self":[{"href":"https:\/\/justmarkets.eu\/es\/wp-json\/wp\/v2\/posts\/5382","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/justmarkets.eu\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/justmarkets.eu\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/justmarkets.eu\/es\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/justmarkets.eu\/es\/wp-json\/wp\/v2\/comments?post=5382"}],"version-history":[{"count":1,"href":"https:\/\/justmarkets.eu\/es\/wp-json\/wp\/v2\/posts\/5382\/revisions"}],"predecessor-version":[{"id":5383,"href":"https:\/\/justmarkets.eu\/es\/wp-json\/wp\/v2\/posts\/5382\/revisions\/5383"}],"wp:attachment":[{"href":"https:\/\/justmarkets.eu\/es\/wp-json\/wp\/v2\/media?parent=5382"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/justmarkets.eu\/es\/wp-json\/wp\/v2\/categories?post=5382"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/justmarkets.eu\/es\/wp-json\/wp\/v2\/tags?post=5382"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}