{"id":8485,"date":"2024-05-13T06:05:26","date_gmt":"2024-05-13T06:05:26","guid":{"rendered":"https:\/\/justmarkets.eu\/?p=8485"},"modified":"2024-05-13T06:05:27","modified_gmt":"2024-05-13T06:05:27","slug":"weekly-overview-2024-05-13","status":"publish","type":"post","link":"https:\/\/justmarkets.eu\/pl\/analytics\/weekly-overview-2024-05-13\/","title":{"rendered":"Week&#8217;s main events (May 13 \u2013 May 17)"},"content":{"rendered":"\r\n<div class=\"ag-base_page ag-m-format-container\">\r\n<h1 class=\"ag-base_title-page\">Week&#8217;s main events (May 13 \u2013 May 17)<\/h1>\r\n<div class=\"ag-analytics-page ag-market-overview-page\">\r\n  <p class=\"ag-analytics_text\">\r\nInvestors will be watching the US Producer and Consumer Price Index data this week for signs that price pressures are finally easing after months of solid inflation that raised fears that the Federal Reserve would not cut interest rates this year. The Eurozone will release GDP data on Wednesday and April\u2019s inflation data on Friday. Economists expect a slight increase in economic activity, while no change is expected in inflation. On Friday, China will release financial data showing how the world&#8217;s number two economy fared at the start of the second quarter. Also worth watching on Tuesday is the UK labor market data, where investors will be watching closely for signs that wage growth is fueling price pressures. \r\n\r\n  <\/p>\r\n\r\n\r\n  <div class=\"ag-analytics_title\">\r\n    Monday, May&#160;13\r\n  <\/div>\r\n  <div class=\"ag-analytics_title-list\">\r\nThere are no events on Monday that would significantly affect volatility. Investors will watch for updated inflation expectations in New Zealand, which could affect the RBNZ&#8217;s sentiment. It is also worth paying attention to the speech of the FOMC representatives.\r\n  <\/div>\r\n  \r\n  <div class=\"ag-analytics_title-list__strong\">\r\n    Main events of the day:\r\n  <\/div>\r\n\r\n  <ul class=\"ag-analytics_list\">\r\n<li>\u2013 Australia NAB Business Confidence&#160;(m\/m) at&#160;04:30&#160;(GMT+3);<\/li>\r\n<li>\u2013 New Zealand Inflation Expectations&#160;(m\/m) at&#160;06:00&#160;(GMT+3);<\/li>\r\n<li>\u2013 Canada Building Permits&#160;(m\/m) at&#160;15:30&#160;(GMT+3);<\/li>\r\n<li>\u2013 US FOMC Member Mester Speaks at&#160;16:00&#160;(GMT+3);<\/li>\r\n<li>\u2013 Switzerland SNB Chairman Thomas Jordan speaks at&#160;19:45&#160;(GMT+3).<\/li>\r\n  <\/ul>\r\n\r\n  \r\n  <div class=\"ag-analytics_title\">\r\n    Tuesday, May&#160;14\r\n  <\/div>\r\n  <div class=\"ag-analytics_title-list\">\r\nVarious statistics for many countries are expected on Tuesday. In the UK, the labor market report will be released. The traders&#8217; main focus will be on wage data. The growth of this indicator will contribute to strengthening inflationary pressure, which hypothetically may postpone the Bank of England&#8217;s rate cut until the end of the year. Investors should also consider the German consumer inflation report and the US producer inflation data. In both cases, growth is expected.\r\n  <\/div>\r\n\r\n   <div class=\"ag-analytics_title-list__strong\">\r\n    Main events of the day:\r\n  <\/div>\r\n\r\n  <ul class=\"ag-analytics_list\">\r\n<li>\u2013 UK Average Earnings Index&#160;(m\/m) at&#160;09:00&#160;(GMT+3);<\/li>\r\n<li>\u2013 UK Claimant Count Change&#160;(m\/m) at&#160;09:00&#160;(GMT+3);<\/li>\r\n<li>\u2013 UK Unemployment Rate&#160;(m\/m) at&#160;09:00&#160;(GMT+3);<\/li>\r\n<li>\u2013 German Consumer Price Index&#160;(m\/m) at&#160;09:00&#160;(GMT+3);<\/li>\r\n<li>\u2013 Switzerland Producer Price Index&#160;(m\/m) at&#160;09:30&#160;(GMT+3);<\/li>\r\n<li>\u2013 German ZEW Economic Sentiment&#160;(m\/m) at&#160;12:00&#160;(GMT+3);<\/li>\r\n<li>\u2013 Eurozone ZEW Economic Sentiment&#160;(m\/m) at&#160;12:00&#160;(GMT+3);<\/li>\r\n<li>\u2013 US Producer Price Index&#160;(m\/m) at&#160;15:30&#160;(GMT+3);<\/li>\r\n<li>\u2013 US Fed Chair Powell Speaks at&#160;17:00&#160;(GMT+3).<\/li>\r\n  <\/ul>\r\n\r\n\r\n  <div class=\"ag-analytics_title\">\r\n    Wednesday, May&#160;15\r\n  <\/div>\r\n  <div class=\"ag-analytics_title-list\">\r\nWednesday&#8217;s main event will be the Consumer Price Index data in the United States. Suppose the data shows that the latest consumer price trend was temporary and inflation continues to fall. In that case, it will increase the likelihood that the Fed will begin cutting rates this summer, which could negatively impact Treasury yields and the US dollar. Investors should also pay attention to Eurozon&#8217;s GDP data. Economists expect to see a slight increase in economic activity. It&#8217;s a bank holiday in Hong Kong.\r\n  <\/div>\r\n\r\n <div class=\"ag-analytics_title-list__strong\">\r\n    Main events of the day:\r\n  <\/div>\r\n\r\n  <ul class=\"ag-analytics_list\">\r\n<li>\u2013 Australia Wage Price Index&#160;(q\/q) at&#160;04:30&#160;(GMT+3);<\/li>\r\n<li>\u2013 Eurozone GDP&#160;(q\/q) at&#160;12:00&#160;(GMT+3);<\/li>\r\n<li>\u2013 Eurozone Industrial Production&#160;(m\/m) at&#160;12:00&#160;(GMT+3);<\/li>\r\n<li>\u2013 US Consumer Price Index&#160;(m\/m) at&#160;15:30&#160;(GMT+3);<\/li>\r\n<li>\u2013 US NY Empire State Manufacturing Index&#160;(m\/m) at&#160;15:30&#160;(GMT+3);<\/li>\r\n<li>\u2013 US Retail Sales&#160;(m\/m) at&#160;15:30&#160;(GMT+3);<\/li>\r\n<li>\u2013 US Crude Oil Reserves&#160;(w\/w) at&#160;17:30&#160;(GMT+3);<\/li>\r\n<li>\u2013 US FOMC Member Bowman Speaks at&#160;22:20&#160;(GMT+3).<\/li>\r\n  <\/ul>\r\n\r\n  <div class=\"ag-analytics_title\">\r\n    Thursday, May&#160;16\r\n  <\/div>\r\n  <div class=\"ag-analytics_title-list\">\r\nThe main Thursday event will be the first quarter&#8217;s Japanese GDP report. The revised report shows a rosier picture of growth, which could increase the likelihood of another rate hike by the Bank of Japan. Traders should also carefully study the data on the labor market in Australia. Further acceleration in wage growth and a strong recovery in employment could increase the likelihood of a September rate hike from the RBA. Other events of the day will be less critical.\r\n  <\/div>\r\n\r\n <div class=\"ag-analytics_title-list__strong\">\r\n    Main events of the day:\r\n  <\/div>\r\n\r\n  <ul class=\"ag-analytics_list\">\r\n<li>\u2013 Japan GDP&#160;(q\/q) at&#160;02:50&#160;(GMT+3);<\/li>\r\n<li>\u2013 Australia Unemployment Rate&#160;(m\/m) at&#160;04:30&#160;(GMT+3);<\/li>\r\n<li>\u2013 US Building Permits&#160;(m\/m) at&#160;15:30&#160;(GMT+3);<\/li>\r\n<li>\u2013 US Initial Jobless Claims&#160;(w\/w) at&#160;15:30&#160;(GMT+3);<\/li>\r\n<li>\u2013 US Philadelphia Fed Manufacturing Index&#160;(m\/m) at&#160;15:30&#160;(GMT+3);<\/li>\r\n<li>\u2013 US Industrial Production&#160;(m\/m) at&#160;16:15&#160;(GMT+3);<\/li>\r\n<li>\u2013 US Natural Gas Storage&#160;(w\/w) at&#160;17:30&#160;(GMT+3);<\/li>\r\n<li>\u2013 US FOMC Member Mester Speaks at&#160;18:30&#160;(GMT+3);<\/li>\r\n<li>\u2013 US FOMC Member Bostic Speaks at&#160;22:50&#160;(GMT+3).<\/li>\r\n  <\/ul>\r\n\r\n  <div class=\"ag-analytics_title\">\r\n    Friday, May&#160;17\r\n  <\/div>\r\n  <div class=\"ag-analytics_title-list\">\r\nOn Friday, the world&#8217;s second-largest economy will release data on industrial production, retail sales, and fixed asset investment for April. If data adds to perceptions of a slow start to the second quarter, concerns about the stability of the economic recovery could re-emerge. Also, on Friday, the Eurozone will release its inflation report. No change is expected, but there could be surprises in either direction. Volatility on currency pairs with the euro will be increased.\r\n  <\/div>\r\n  <div class=\"ag-analytics_title-list__strong\">\r\n    Main events of the day:\r\n  <\/div>\r\n\r\n  <ul class=\"ag-analytics_list\">\r\n<li>\u2013 New Producer Price Index&#160;(m\/m) at&#160;01:45&#160;(GMT+3);<\/li>\r\n<li>\u2013 China Retail Sales&#160;(m\/m) at&#160;05:00&#160;(GMT+3);<\/li>\r\n<li>\u2013 China Industrial Production&#160;(m\/m) at&#160;05:00&#160;(GMT+3);<\/li>\r\n<li>\u2013 China Unemployment Rate&#160;(m\/m) at&#160;05:00&#160;(GMT+3);<\/li>\r\n<li>\u2013 Japan Industrial Production&#160;(m\/m) at&#160;07:30&#160;(GMT+3);<\/li>\r\n<li>\u2013 Eurozone Consumer Price Index&#160;(m\/m) at&#160;12:00&#160;(GMT+3).<\/li>\r\n  <\/ul>\r\n\r\n\r\n\r\n<p class=\"ag-analytics_text\">by <span class=\"author vcard\"><span class=\"fn\">JustMarkets<\/span><\/span>, <span class=\"updated\">2024.05.13<\/span><\/p>\r\n<!--a href=\"\/analytics\/daily-forecast\" class=\"ag-analytics_link\">\r\n          We advise you to get acquainted with the daily forecasts for the major currency pairs.\r\n        <\/a--> <a class=\"ag-base-btn\" href=\"https:\/\/secure.justmarkets.eu\/pl\/register\/?sl=1\">Open Account<\/a><\/div>\r\n<\/div>\r\n\r\n\r\n\r\n<p>&nbsp;<\/p>\r\n","protected":false},"excerpt":{"rendered":"<p>Week&#8217;s main events (May 13 \u2013 May 17) Investors will be watching the US Producer and Consumer Price Index data this week for signs that price pressures are finally easing after months of solid inflation that raised fears that the Federal Reserve would not cut interest rates this year. The &#8230;<\/p>\n","protected":false},"author":16,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[193,330],"tags":[],"class_list":["post-8485","post","type-post","status-publish","format-standard","hentry","category-analytics","category-market-overview"],"featured_image_src":"","blog_images":{"medium":"","large":""},"acf":[],"aioseo_notices":[],"ams_acf":[{"key":"icon","label":"Icon","value":false}],"_links":{"self":[{"href":"https:\/\/justmarkets.eu\/pl\/wp-json\/wp\/v2\/posts\/8485","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/justmarkets.eu\/pl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/justmarkets.eu\/pl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/justmarkets.eu\/pl\/wp-json\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/justmarkets.eu\/pl\/wp-json\/wp\/v2\/comments?post=8485"}],"version-history":[{"count":1,"href":"https:\/\/justmarkets.eu\/pl\/wp-json\/wp\/v2\/posts\/8485\/revisions"}],"predecessor-version":[{"id":8492,"href":"https:\/\/justmarkets.eu\/pl\/wp-json\/wp\/v2\/posts\/8485\/revisions\/8492"}],"wp:attachment":[{"href":"https:\/\/justmarkets.eu\/pl\/wp-json\/wp\/v2\/media?parent=8485"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/justmarkets.eu\/pl\/wp-json\/wp\/v2\/categories?post=8485"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/justmarkets.eu\/pl\/wp-json\/wp\/v2\/tags?post=8485"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}