{"id":9504,"date":"2024-10-07T06:48:44","date_gmt":"2024-10-07T06:48:44","guid":{"rendered":"https:\/\/justmarkets.eu\/?p=9504"},"modified":"2024-10-07T06:48:44","modified_gmt":"2024-10-07T06:48:44","slug":"weekly-overview-2024-10-07","status":"publish","type":"post","link":"https:\/\/justmarkets.eu\/pl\/analytics\/weekly-overview-2024-10-07\/","title":{"rendered":"Week’s main events (October 07 \u2013 October 11)"},"content":{"rendered":"\r\n
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Week’s main events (October 07 \u2013 October 11)<\/h1>\r\n
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\r\nThis week is full of important economic events. Firstly, traders will focus on the US inflation rate data. Economists are predicting a slight decline in inflation. This data, released after Friday’s jobs report, will likely set expectations for the size and pace of Fed rate cuts in the coming months. The Fed will release the minutes of its September meeting on Wednesday, and investors will look for indications of what officials think about the pace of further easing. The Reserve Bank of New Zealand will also meet on Wednesday, and market watchers believe it may follow the Fed’s lead and cut rates by half a point. The UK is due to release monthly GDP and industrial production data. At the end of the week, the banking sector will open the US third-quarter reporting season. Also, this week, geopolitical risks will be in focus due to the escalating situation between Iran and Israel. Rising geopolitical risk could lead to the buying of assets such as gold and the dollar and potentially affect oil prices.<\/p>\r\n\r\n

Monday, October 07<\/div>\r\n\r\n
No major economic events are expected on Monday. The European session will see the release of the Eurozone retail sales report, which will show how the Europeans are spending money in a period of high interest rates. At the American session, it is worth paying attention to the speeches of the FOMC representatives.<\/div>\r\n
Main events of the day:<\/div>\r\n