{"id":5463,"date":"2023-08-21T07:15:34","date_gmt":"2023-08-21T07:15:34","guid":{"rendered":"https:\/\/justmarkets.eu\/?p=5463"},"modified":"2023-08-21T07:15:35","modified_gmt":"2023-08-21T07:15:35","slug":"weekly-overview-2023-08-21-5","status":"publish","type":"post","link":"https:\/\/justmarkets.eu\/es\/analytics\/weekly-overview-2023-08-21-5\/","title":{"rendered":"Week&#8217;s main events (August 21- August 25)"},"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;21&nbsp;\u2013 August&nbsp;25)\n    <\/h1>\n    <div class=\"ag-analytics-page ag-market-overview-page\">\n     <p class=\"ag-analytics_text\">\n    This week, investors will focus on US Federal Reserve Chairman Jerome Powell&#8217;s speech at the\n    Central Bank&#8217;s annual conference in Jackson Hole, where he will share his views on the future\n    trajectory of interest rates. Fed executives reiterated that there is still much work to be done\n    in their fight against inflation. Investors should also keep an eye on the People&#8217;s Bank of\n    China&#8217;s interest rate decision. Chinese banks unexpectedly lowered interest rates last week, and\n    expectations are growing that PBo\u0421 will cut the prime rate on Monday. Also, Eurozone countries\n    will publish important data on manufacturing and services PMI that will show the health of the\n    economy during a period of high-interest rates.\n  <\/p>\n\n\n\n\n\n  <div class=\"ag-analytics_title\">\n    Monday, August&nbsp;21\n  <\/div>\n  <div class=\"ag-analytics_title-list\">\n    On Monday, investors should focus on the China Central Bank interest rate decision. Analysts\n    predict that the PBoC will cut rates to offset the economic slowdown. Also, China&#8217;s Central Bank\n    may announce additional stimulus for the economy. Investors should also pay attention to trade\n    balance data from New Zealand, which is actively trading with China.\n  <\/div>\n\n  <div class=\"ag-analytics_title-list__strong\">\n    Main events of the day:\n  <\/div>\n\n  <ul class=\"ag-analytics_list\">\n    <li class=\"ag-analytics_item\">\n      \u2013 New Zealand Trade Balance (q\/q) at&nbsp;01:45&nbsp;(GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n      \u2013 China PBoC Loan Prime Rate at&nbsp;04:15&nbsp;(GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n      \u2013 German Producer Price Index (m\/m) at&nbsp;09:00&nbsp;(GMT+3).\n    <\/li>\n\n  <\/ul>\n\n\n  <div class=\"ag-analytics_title\">\n    Tuesday, August&nbsp;22\n  <\/div>\n  <div class=\"ag-analytics_title-list\">\n    Tuesday&#8217;s trading day will be relatively quiet, with no essential economic events expected. At\n    the US session, traders can pay attention to the speech of the FOMC representative.\n  <\/div>\n\n   <div class=\"ag-analytics_title-list__strong\">\n    Main events of the day:\n  <\/div>\n\n  <ul class=\"ag-analytics_list\">\n    <li class=\"ag-analytics_item\">\n      \u2013 US Existing Home Sales (m\/m) at&nbsp;17:00&nbsp;(GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n      \u2013 US FOMC Member Bowman Speaks at&nbsp;21:30&nbsp;(GMT+3).\n    <\/li>\n\n  <\/ul>\n\n\n  <div class=\"ag-analytics_title\">\n    Wednesday, August&nbsp;23\n  <\/div>\n  <div class=\"ag-analytics_title-list\">\n    Wednesday will bring various Manufacturing PMI and Services PMI statistics for many countries.\n    Eurozone and UK PMI indices have been declining in recent months amid stagnation in the services\n    sector coupled with a contraction in manufacturing activity. This data may indicate whether the\n    European Central Bank will raise interest rates again in September and whether the Bank of\n    England will decide to raise rates significantly at the next meeting. Traders should also pay\n    attention to inflation data in Singapore.\n    The US Crude Oil Reserves data, which significantly impacts oil prices, should also be on the\n    trader&#8217;s list.\n  <\/div>\n\n <div class=\"ag-analytics_title-list__strong\">\n    Main events of the day:\n  <\/div>\n\n  <ul class=\"ag-analytics_list\">\n    <li class=\"ag-analytics_item\">\n      \u2013 New Zealand Retail Sales (q\/q) at&nbsp;01:45&nbsp;(GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n      \u2013 Australia Manufacturing PMI (m\/m) at&nbsp;02:00&nbsp;(GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n      \u2013 Australia Services PMI (m\/m) at&nbsp;02:00&nbsp;(GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n      \u2013 Japan Manufacturing PMI (m\/m) at&nbsp;03:30&nbsp;(GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n      \u2013 Japan Services PMI (m\/m) at&nbsp;03:30&nbsp;(GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n      \u2013 Singapore Consumer Price Index (m\/m) at&nbsp;08:00&nbsp;(GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n      \u2013 German Manufacturing PMI (m\/m) at&nbsp;10:30&nbsp;(GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n      \u2013 German Services PMI (m\/m) at&nbsp;10:30&nbsp;(GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n      \u2013 Eurozone Manufacturing PMI (m\/m) at&nbsp;11:00&nbsp;(GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n      \u2013 Eurozone Services PMI (m\/m) at&nbsp;11:00&nbsp;(GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n      \u2013 UK Manufacturing PMI (m\/m) at&nbsp;11:30&nbsp;(GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n      \u2013 UK Services PMI (m\/m) at&nbsp;11:30&nbsp;(GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n      \u2013 Canada Retail Sales (m\/m) at&nbsp;15:30&nbsp;(GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n      \u2013 US Manufacturing PMI (m\/m) at&nbsp;16:45&nbsp;(GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n      \u2013 US Services PMI (m\/m) at&nbsp;16:45&nbsp;(GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n      \u2013 US New Home Sales (m\/m) at&nbsp;17:00&nbsp;(GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n      \u2013 US Crude Oil Reserves (w\/w) at&nbsp;17:30&nbsp;(GMT+3).\n    <\/li>\n\n  <\/ul>\n\n  <div class=\"ag-analytics_title\">\n    Thursday, August&nbsp;24\n  <\/div>\n  <div class=\"ag-analytics_title-list\">\n    On Thursday, the annual meeting of politicians will begin in Jackson Hole, which is worth paying\n    particular attention to. Investors should also closely monitor US GDP data for the quarter.\n    Investors will also focus on US Core Durable Goods Orders as well as weekly labor market data.\n  <\/div>\n\n <div class=\"ag-analytics_title-list__strong\">\n    Main events of the day:\n  <\/div>\n\n  <ul class=\"ag-analytics_list\">\n    <li class=\"ag-analytics_item\">\n      \u2013 Jackson Hole Symposium at&nbsp;15:00&nbsp;(GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n      \u2013 US Core Durable Goods Orders (m\/m) at&nbsp;15:30&nbsp;(GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n      \u2013 US Initial Jobless Claims (w\/w) at&nbsp;15:30&nbsp;(GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n      \u2013 US Natural Gas Storage (w\/w) at&nbsp;17:30&nbsp;(GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n      \u2013 US FOMC Member Harker Speaks at&nbsp;19:00&nbsp;(GMT+3).\n    <\/li>\n\n\n\n  <\/ul>\n\n  <div class=\"ag-analytics_title\">\n    Friday, August&nbsp;25\n  <\/div>\n  <div class=\"ag-analytics_title-list\">\n    On Friday, investors will wait for Fed Chairman Jerome Powell&#8217;s speech to clarify the economic\n    outlook and the future trajectory of interest rates. Investors will be focused on whether the\n    Fed Chairman believes that further policy tightening will be needed to reduce inflation or\n    whether sufficient progress has been made to keep rates unchanged. Market watchers will also be\n    looking for clues whether the Fed is weighing the prospect of a rate cut in&nbsp;2024. Traders should\n    also be aware of Tokyo&#8217;s inflation data, a leading indicator of nationwide inflation.\n  <\/div>\n\n  <div class=\"ag-analytics_title-list__strong\">\n    Main events of the day:\n  <\/div>\n\n  <ul class=\"ag-analytics_list\">\n    <li class=\"ag-analytics_item\">\n      \u2013 Japan Tokyo Core CPI (m\/m) at&nbsp;02:30&nbsp;(GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n      \u2013 German GDP (q\/q) at&nbsp;09:00&nbsp;(GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n      \u2013 German Ifo Business Climate (m\/m) at&nbsp;11:00&nbsp;(GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n      \u2013 Jackson Hole Symposium at&nbsp;15:00&nbsp;(GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n      \u2013 US FOMC Member Harker Speaks at&nbsp;16:00&nbsp;(GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n      \u2013 US Michigan Consumer Sentiment (m\/m) at&nbsp;17:00&nbsp;(GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n      \u2013 US Fed Chair Powell Speaks at&nbsp;17:05&nbsp;(GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n      \u2013 ECB President Lagarde Speaks at&nbsp;22:00&nbsp;(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\">2023.08.21<\/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    <\/div>\n<\/div>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Week&#8217;s main events (August&nbsp;21&nbsp;\u2013 August&nbsp;25) This week, investors will focus on US Federal Reserve Chairman Jerome Powell&#8217;s speech at the Central Bank&#8217;s annual conference in Jackson Hole, where he will share his views on the future trajectory of interest rates. Fed executives reiterated that there is still much work to &#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-5463","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\/5463","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=5463"}],"version-history":[{"count":1,"href":"https:\/\/justmarkets.eu\/es\/wp-json\/wp\/v2\/posts\/5463\/revisions"}],"predecessor-version":[{"id":5464,"href":"https:\/\/justmarkets.eu\/es\/wp-json\/wp\/v2\/posts\/5463\/revisions\/5464"}],"wp:attachment":[{"href":"https:\/\/justmarkets.eu\/es\/wp-json\/wp\/v2\/media?parent=5463"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/justmarkets.eu\/es\/wp-json\/wp\/v2\/categories?post=5463"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/justmarkets.eu\/es\/wp-json\/wp\/v2\/tags?post=5463"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}