{"id":5427,"date":"2023-08-14T07:32:46","date_gmt":"2023-08-14T07:32:46","guid":{"rendered":"https:\/\/justmarkets.eu\/?p=5427"},"modified":"2023-08-14T07:32:46","modified_gmt":"2023-08-14T07:32:46","slug":"weekly-overview-2023-08-14-5","status":"publish","type":"post","link":"https:\/\/justmarkets.eu\/es\/analytics\/weekly-overview-2023-08-14-5\/","title":{"rendered":"Week&#8217;s main events (August 14- August 18)"},"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;14&nbsp;\u2013 August&nbsp;18)\n    <\/h1>\n    <div class=\"ag-analytics-page ag-market-overview-page\">\n      <p class=\"ag-analytics_text\">\nThis week, investors&#8217; attention will focus on the FOMC minutes of the July meeting, which will give clues as to how the US Fed will behave at its September meeting. The UK will publish data on inflation, where consumer price pressures are expected to decline slightly. In Europe, an essential second-quarter GDP report and inflation data will be released. The central banks of New Zealand and Norway hold monetary policy meetings, where rates are expected to remain unchanged. Traders should also not miss the consumer price index data in Japan and Canada.\n  <\/p>\n  \n\n  \n \n\n  <div class=\"ag-analytics_title\">\n    Monday, August&#160;14\n  <\/div>\n  <div class=\"ag-analytics_title-list\">\nNo major economic events are expected on Monday. The day will be relatively calm in terms of volatility.\n  <\/div>\n \n    \n\n   \n    \n \n<br>\n  <div class=\"ag-analytics_title\">\n    Tuesday, August&#160;15\n  <\/div>\n  <div class=\"ag-analytics_title-list\">\nOn Tuesday, the main event of the day will be the inflation data in Canada. Analysts expect inflationary pressures to increase slightly due to higher oil prices in recent weeks. For the Canadian dollar, this may become a growth factor. Investors should also be attentive to the UK labor market data. The Bank of England needs to see a strong labor market to tighten policy further to fight inflation, and if the data is weak, it will be negative for the GBP. Also, traders should not miss the data from China, which plays an important role in the pricing of Asian indices. And the US retail sales data will provide insight into the state of consumer spending at a time of high-interest rates. It&#8217;s a bank holiday in France, Italy and India.\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 GDP (q\/q) at&#160;02:50&#160;(GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n\u2013 Australia RBA Meeting Minutes at&#160;04:30&#160;(GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n\u2013 Australia Wage Price Index (q\/q) at&#160;04:30&#160;(GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n\u2013 China Industrial Production (m\/m) at&#160;05:00&#160;(GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n\u2013 China Unemployment Rate (m\/m) at&#160;05:00&#160;(GMT+3);\n    <\/li>\n    \n        <li class=\"ag-analytics_item\">\n\u2013 China Retail Sales (m\/m) at&#160;05:00&#160;(GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n\u2013 Japan Industrial Production (m\/m) at&#160;07:30&#160;(GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n\u2013 UK Average Earnings Index (m\/m) at&#160;09:00&#160;(GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n\u2013 UK Claimant Count Change (m\/m) at&#160;09:00&#160;(GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n\u2013 UK Unemployment Rate (m\/m) at&#160;09:00&#160;(GMT+3);\n    <\/li>\n        <li class=\"ag-analytics_item\">\n\u2013 Switzerland Producer Price Index (m\/m) at&#160;09:30&#160;(GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n\u2013 German ZEW Economic Sentiment (m\/m) at&#160;12:00&#160;(GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n\u2013 Eurozone ZEW Economic Sentiment (m\/m) at&#160;12:00&#160;(GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n\u2013 US Retail Sales (m\/m) at&#160;15:30&#160;(GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n\u2013 US NY Empire State Manufacturing Index (m\/m) at&#160;15:30&#160;(GMT+3);\n    <\/li>\n        <li class=\"ag-analytics_item\">\n\u2013 Canada Consumer Price Index (m\/m) at&#160;15:30&#160;(GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n\u2013 US FOMC member Kashkari Speaks at&#160;18:00&#160;(GMT+3).\n    <\/li>\n  \n    <\/ul>\n       \n\n  <div class=\"ag-analytics_title\">\n    Wednesday, August&#160;16\n  <\/div>\n  <div class=\"ag-analytics_title-list\">\nOn Wednesday, all investors will focus on the FOMC Meeting Minutes. Economic data over the past weeks have bolstered investor hopes that the US central bank can make a soft landing of the economy and won&#8217;t raise interest rates again. But if the report is more hawkish, investor sentiment may change. Also, on Wednesday, the UK will publish inflation data, where it is expected to see a slight decline in price pressure. In New Zealand, the Central Bank will hold monetary policy sessions. The RBNZ is expected to leave the rate unchanged as the economy is already in contractionary territory, and the labor market has started to cool down. Eurozone GDP data will provide insights into the health of EU countries during a period of high-interest rates.\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 New Zealand RBNZ Interest Rate Decision (m\/m) at&#160;05:00&#160;(GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n\u2013 New Zealand RBNZ Monetary Policy Statement (m\/m) at&#160;05:00&#160;(GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n\u2013 New Zealand RBNZ Press Conference at&#160;06:00&#160;(GMT+3);\n    <\/li>\n       <li class=\"ag-analytics_item\">\n\u2013 UK Consumer Price Index (m\/m) at&#160;09:00&#160;(GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n\u2013 UK Producer Price Index (m\/m) at&#160;09:00&#160;(GMT+3);\n    <\/li>\n      <li class=\"ag-analytics_item\">\n\u2013 Eurozone GDP (q\/q) at&#160;12:00&#160;(GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n\u2013 Eurozone Industrial Production (m\/m) at&#160;12:00&#160;(GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n\u2013 US Building Permits (m\/m) at&#160;15:30&#160;(GMT+3);\n    <\/li>\n       <li class=\"ag-analytics_item\">\n\u2013 US Industrial Production (m\/m) at&#160;16:15&#160;(GMT+3).\n    <\/li>\n    <li class=\"ag-analytics_item\">\n\u2013 US Crude Oil Reserves (w\/w) at&#160;17:30&#160;(GMT+3);\n    <\/li>\n     <li class=\"ag-analytics_item\">\n\u2013 US FOMC Meeting Minutes (m\/m) at&#160;21:00&#160;(GMT+3).\n    <\/li>\n    \n  <\/ul>\n\n  <div class=\"ag-analytics_title\">\n    Thursday, August&#160;17\n  <\/div>\n  <div class=\"ag-analytics_title-list\">\nOn Thursday, The Norwegian Central Bank will hold a monetary policy meeting. Analysts are divided on whether Norges Bank will raise the rate or leave it unchanged. But volatility with currency pairs with NOK will be increased. It is also worth keeping a close eye on the labor market data in Australia. Robust data may bolster confidence that the RBA could raise the interest rate one more time.\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 New Zealand Producer Price Index (q\/q) at&#160;01:45&#160;(GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n\u2013 Japan Trade Balance (m\/m) at&#160;02:50&#160;(GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n\u2013 Australia Unemployment Rate (m\/m) at&#160;04:30&#160;(GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n\u2013 Norwegian Norges Interest Rate Decision at&#160;11:00&#160;(GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n\u2013 Eurozone Trade Balance (m\/m) at&#160;12:00&#160;(GMT+3);\n    <\/li>\n        <li class=\"ag-analytics_item\">\n\u2013 US Initial Jobless Claims (w\/w) at&#160;15:30&#160;(GMT+3);\n    <\/li>\n      <li class=\"ag-analytics_item\">\n\u2013 US Philadelphia Fed Manufacturing Index (m\/m) at&#160;15:30&#160;(GMT+3);\n    <\/li>\n        <li class=\"ag-analytics_item\">\n\u2013 US Natural Gas Storage (w\/w) at&#160;17:30&#160;(GMT+3).\n    <\/li>\n  \n     \n  <\/ul>\n\n  <div class=\"ag-analytics_title\">\n    Friday, August&#160;18\n  <\/div>\n  <div class=\"ag-analytics_title-list\">\nThe main event to watch on Friday is the Japan National Consumer Price Index. Analysts forecast a&#160;0.2% year-on-year decline in inflation, which would be negative for the JPY as the BoJ wants to see inflation steadily growing to move away from soft monetary policy. Also, investors should not miss the Eurozone inflation data. Particular attention should be paid to core inflation data. If core inflation shows no signs of slowing down, it will increase the likelihood that the ECB will raise rates at its September meeting. And July&#8217;s UK retail sales data could provide evidence of a looming recession in the country.\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 National Consumer Price Index (m\/m) at&#160;02:30&#160;(GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n\u2013 UK Retail Sales (m\/m) at&#160;09:00&#160;(GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n\u2013 Eurozone Consumer Price Index (m\/m) at&#160;12:00&#160;(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\">2023.08.14<\/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;14&nbsp;\u2013 August&nbsp;18) This week, investors&#8217; attention will focus on the FOMC minutes of the July meeting, which will give clues as to how the US Fed will behave at its September meeting. The UK will publish data on inflation, where consumer price pressures are expected to decline &#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":[189],"tags":[],"class_list":["post-5427","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\/5427","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\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/justmarkets.eu\/es\/wp-json\/wp\/v2\/comments?post=5427"}],"version-history":[{"count":1,"href":"https:\/\/justmarkets.eu\/es\/wp-json\/wp\/v2\/posts\/5427\/revisions"}],"predecessor-version":[{"id":5428,"href":"https:\/\/justmarkets.eu\/es\/wp-json\/wp\/v2\/posts\/5427\/revisions\/5428"}],"wp:attachment":[{"href":"https:\/\/justmarkets.eu\/es\/wp-json\/wp\/v2\/media?parent=5427"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/justmarkets.eu\/es\/wp-json\/wp\/v2\/categories?post=5427"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/justmarkets.eu\/es\/wp-json\/wp\/v2\/tags?post=5427"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}