{"id":9225,"date":"2024-08-28T08:55:48","date_gmt":"2024-08-28T08:55:48","guid":{"rendered":"https:\/\/justmarkets.eu\/?p=9225"},"modified":"2024-08-28T08:55:49","modified_gmt":"2024-08-28T08:55:49","slug":"weekly-overview-2024-08-12","status":"publish","type":"post","link":"https:\/\/justmarkets.eu\/es\/analytics\/weekly-overview-2024-08-12\/","title":{"rendered":"Week’s main events (August 12 \u2013 August 16)"},"content":{"rendered":"\r\n
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Week’s main events (August 12 \u2013 August 16)<\/h1>\r\n
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\r\nThis week, investors will focus on the RBNZ interest rate decision. Economists do not expect any changes, but there is a growing consensus among traders that the RBNZ will announce a 25 bps cut in the cash rate. The US will publish data on inflation, where consumer price pressures are expected to decline slightly. Indicators showing hovering inflation could add to fears that the Fed has derailed the economy by leaving rates high for too long. The UK will release inflation data on Wednesday, which will be closely watched for signs of lingering price pressures, especially in the still-hot services sector. Also worth watching this week are labor market data from the UK and Australia and GDP reports for key economies are also worth watching.\r\n\r\n <\/p>\r\n\r\n\r\n

\r\n Monday, August 12\r\n <\/div>\r\n
\r\nNo major economic events are expected on Monday. The day will be relatively calm in terms of volatility. It\u2019s a bank holiday in Japan.\r\n <\/div>\r\n \r\n \r\n
\r\n Tuesday, August 13\r\n <\/div>\r\n
\r\nIn Tuesday’s European session, traders should focus on the UK labor market data. Ideally, Bank of England (BoE) policymakers need to see further declines before they are ready to cut rates again. In the US session, traders will monitor the inflation report produced in the US. This report is a precursor to consumer inflation, so the growth of these values will be extremely negative for the US dollar.\r\n <\/div>\r\n\r\n
\r\n Main events of the day:\r\n <\/div>\r\n\r\n