{"id":5544,"date":"2023-09-04T07:09:07","date_gmt":"2023-09-04T07:09:07","guid":{"rendered":"https:\/\/justmarkets.eu\/?p=5544"},"modified":"2023-09-04T07:09:08","modified_gmt":"2023-09-04T07:09:08","slug":"weekly-overview-2023-09-04-5","status":"publish","type":"post","link":"https:\/\/justmarkets.eu\/es\/analytics\/weekly-overview-2023-09-04-5\/","title":{"rendered":"Week&#8217;s main events (September 04- September 09)"},"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 (September&nbsp;04&nbsp;\u2013 September&nbsp;08)\n    <\/h1>\n    <div class=\"ag-analytics-page ag-market-overview-page\">\n    <p class=\"ag-analytics_text\">\nDespite Monday being a bank holiday in the United States and Canada, this economic week is quite busy. Investors will primarily be watching the central bank meetings in Australia and Canada. Both central banks are expected to leave rates unchanged, but there may be surprises. Secondly, investors will have the opportunity to hear several Fed representatives speak about the future policy of the US central bank. Thirdly, China&#8217;s trade balance data will show whether China was able to recover from the previous balance contraction. Analysts put a disappointing forecast. The data on business activity in the service sector will give an indication of whether traders should expect service inflation to intensify further.\n  <\/p>\n\n\n\n\n\n  <div class=\"ag-analytics_title\">\n    Monday, September&nbsp;04\n  <\/div>\n  <div class=\"ag-analytics_title-list\">\nIt&#8217;s a bank holiday in the United States and Canada on Monday. The day will be low-volatility. The main event on Monday will be the Swiss GDP 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\">\nThe main event on Monday will be the Swiss GDP data.\n    <\/li>\n     <li class=\"ag-analytics_item\">\n \u2013 Switzerland GDP (q\/q) at&nbsp;10:00&nbsp;(GMT+3);\n    <\/li>\n     <li class=\"ag-analytics_item\">\n    \u2013 Eurozone ECB President Lagarde Speaks at&nbsp;16:30&nbsp;(GMT+3).\n    <\/li>\n    \n\n  <\/ul>\n\n\n  <div class=\"ag-analytics_title\">\n    Tuesday, September&nbsp;05\n  <\/div>\n  <div class=\"ag-analytics_title-list\">\n The Australia RBA Interest Rate Decision will become the main event on Tuesday. Analysts believe the RBA will hold interest rates at the same level. Traders expect this to be the peak after inflation unexpectedly fell to an annualized rate of 4.9% in July, the lowest since last December. But, volatility in currency pairs with the Australian dollar may increase. Traders should also closely follow the data on business activity in the service sector in European countries.\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 China Caixin Services PMI (m\/m) at&nbsp;04:45&nbsp;(GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n   \u2013 Australia RBA Interest Rate Decision (m\/m) at&nbsp;07:30&nbsp;(GMT+3);\n    <\/li>\n       <li class=\"ag-analytics_item\">\n\u2013 Australia RBA Rate Statement (m\/m) at&nbsp;07:30&nbsp;(GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n \u2013 German Service PMI (m\/m) at&nbsp;10:55&nbsp;(GMT+3);\n    <\/li>\n      <li class=\"ag-analytics_item\">\n    \u2013 Eurozone Service PMI (m\/m) at&nbsp;11:00&nbsp;(GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n  \u2013 UK Service PMI (m\/m) at&nbsp;11:30&nbsp;(GMT+3);\n    <\/li>\n       <li class=\"ag-analytics_item\">\n     \u2013 Eurozone Producer Price Index (m\/m) at&nbsp;12:00&nbsp;(GMT+3).\n    <\/li>\n    \n\n  <\/ul>\n\n\n  <div class=\"ag-analytics_title\">\n    Wednesday, September&nbsp;06\n  <\/div>\n  <div class=\"ag-analytics_title-list\">\nThe main event on Wednesday will be the Interest Rate Decision from the Bank of Canada. Experts believe the Bank of Canada will leave the interest rate at 5%. Investors will also focus on quarter GDP data in Australia. GDP growth of&nbsp;0.3% is expected. Investors should also pay attention to the UK monetary policy report hearings before the Treasury Committee. These hearings may provide more insight into the MPC&#8217;s stance on interest rates.\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 Australia GDP (q\/q) at&nbsp;04:30&nbsp;(GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n  \u2013 UK Construction PMI (m\/m) at&nbsp;11:30&nbsp;(GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n\u2013 Eurozone Retail Sales (m\/m) at&nbsp;12:00&nbsp;(GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n  \u2013 US Trade Balance (m\/m) at&nbsp;15:30&nbsp;(GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n\u2013 Canada Trade Balance (m\/m) at&nbsp;15:30&nbsp;(GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n\u2013 UK Monetary Policy Report Hearings at&nbsp;15:30&nbsp;(GMT+3);\n    <\/li>\n      <li class=\"ag-analytics_item\">\n \u2013 US ISM Service PMI (m\/m) at&nbsp;17:00&nbsp;(GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n  \u2013 Canada BoC Interest Rate Decision (m\/m) at&nbsp;17:00&nbsp;(GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n    \u2013 Canada BoC Rate Statement (m\/m) at&nbsp;17:00&nbsp;(GMT+3).\n\n    <\/li>\n    \n  <\/ul>\n\n  <div class=\"ag-analytics_title\">\n    Thursday, September&nbsp;07\n  <\/div>\n  <div class=\"ag-analytics_title-list\">\nVarious statistics for many countries are expected on Tuesday. The first thing to pay attention to is China&#8217;s trade balance data. Exports and imports are forecast to contract again in August, which will increase the likelihood of more intensive stimulus from Chinese officials. Secondly, investors will have an opportunity to hear several Fed officials speak, which may give clues as to the mood of Fed policymakers before the September Fed meeting. Also, on Thursday, reports on oil and natural gas inventories will be published, which will have a significant impact on the pricing of these instruments.\n\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 Australia Trade Balance (m\/m) at&nbsp;04:30&nbsp;(GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n  \u2013 China Trade Balance (m\/m) at&nbsp;06:00&nbsp;(GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n  \u2013 Australia RBA Governor Lowe Speaks at&nbsp;06:10&nbsp;(GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n  \u2013 Switzerland Unemployment Rate (m\/m) at&nbsp;08:45&nbsp;(GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n\u2013 German Industrial Production (m\/m) at&nbsp;09:00&nbsp;(GMT+3);\n    <\/li>\n       <li class=\"ag-analytics_item\">\n\u2013 Eurozone GDP (m\/m) at&nbsp;12:00&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\n    <\/li>\n    <li class=\"ag-analytics_item\">\n\u2013 Canada Building Permits (m\/m) at&nbsp;15:30&nbsp;(GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n\u2013 Canada Ivey PMI (m\/m) at&nbsp;17:00&nbsp;(GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n  \u2013 US FOMC Member Harker Speaks (m\/m) at&nbsp;17:00&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 Crude Oil Reserves (w\/w) at&nbsp;18:00&nbsp;(GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n  \u2013 Canada BOC Gov Macklem Speaks at&nbsp;20:55&nbsp;(GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n\u2013 US FOMC Member Williams Speaks (m\/m) at&nbsp;22:30&nbsp;(GMT+3);\n    <\/li>\n      <li class=\"ag-analytics_item\">\n\u2013 US FOMC Member Bowman Speaks (m\/m) at&nbsp;23:55&nbsp;(GMT+3).\n    <\/li>\n    \n\n\n  <\/ul>\n\n  <div class=\"ag-analytics_title\">\n    Friday, September&nbsp;08\n  <\/div>\n  <div class=\"ag-analytics_title-list\">\nThe most important Friday&#8217;s release for investors will be the Canadian labor market data. Conditions are expected to improve, but there could be surprises like it was last month. Traders should also pay attention to Japan&#8217;s GDP data. The economy is expected to grow by&nbsp;1.4% in quarterly terms.\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 GDP (q\/q) at&nbsp;02:50&nbsp;(GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n\u2013 Canada Unemployment Rate (m\/m) at&nbsp;15:30&nbsp;(GMT+3);\n    <\/li>\n    <li class=\"ag-analytics_item\">\n   \u2013 US FOMC Member Barr Speaks (m\/m) at&nbsp;16:00&nbsp;(GMT+3).\n    <\/li>\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\">2023.09.04<\/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 (September&nbsp;04&nbsp;\u2013 September&nbsp;08) Despite Monday being a bank holiday in the United States and Canada, this economic week is quite busy. Investors will primarily be watching the central bank meetings in Australia and Canada. Both central banks are expected to leave rates unchanged, but there may be surprises. &#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-5544","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\/5544","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=5544"}],"version-history":[{"count":1,"href":"https:\/\/justmarkets.eu\/es\/wp-json\/wp\/v2\/posts\/5544\/revisions"}],"predecessor-version":[{"id":5545,"href":"https:\/\/justmarkets.eu\/es\/wp-json\/wp\/v2\/posts\/5544\/revisions\/5545"}],"wp:attachment":[{"href":"https:\/\/justmarkets.eu\/es\/wp-json\/wp\/v2\/media?parent=5544"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/justmarkets.eu\/es\/wp-json\/wp\/v2\/categories?post=5544"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/justmarkets.eu\/es\/wp-json\/wp\/v2\/tags?post=5544"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}