{"id":7569,"date":"2024-02-05T07:11:13","date_gmt":"2024-02-05T07:11:13","guid":{"rendered":"https:\/\/justmarkets.eu\/uncategorized-pt\/weekly-overview-2024-02-05-6\/"},"modified":"2024-02-05T07:11:13","modified_gmt":"2024-02-05T07:11:13","slug":"weekly-overview-2024-02-05-6","status":"publish","type":"post","link":"https:\/\/justmarkets.eu\/pt\/uncategorized\/weekly-overview-2024-02-05-6\/","title":{"rendered":"Week&#8217;s main events (February 05 &#8211; February 09)"},"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 (February 05 &#8211; February 09)<\/h1>\r\n<div class=\"ag-analytics-page ag-market-overview-page\">\r\n <p class=\"ag-analytics_text\">\r\nIn terms of economic events, this week will be much calmer than the previous one. The main events of the week will be the meeting of the Central Bank of Australia, inflation data in Germany and China, and speeches by representatives of central banks. The RBA is expected to leave interest rates unchanged at its first meeting of the year. Comments from the European Central Bank&#160;(ECB), Bank of England&#160;(BoE), and US Fed officials will be closely watched by investors. Concerns about rising tensions in the Middle East will also remain at the forefront after the United States launched retaliatory strikes late Friday against Iran-backed militants in Iraq and Syria following a drone attack in Jordan last weekend that killed three US service members. Also, traders shouldn\u2019t forget about the US and European earning seasons.\r\n  <\/p>\r\n\r\n\r\n\r\n\r\n\r\n  <div class=\"ag-analytics_title\">\r\n    Monday, February&#160;05\r\n  <\/div>\r\n\r\n  <div class=\"ag-analytics_title-list\">\r\nThe main event on Monday will be the speech of Fed Chairman Jerome Powell. In addition, traders should follow the data on business activity in the service sector in key economies.\r\n  <\/div>\r\n  <br>\r\n\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\r\n  <ul class=\"ag-analytics_list\">\r\n <li>\u2013 US Fed Chair Powell Speaks at&#160;02:00&#160;(GMT+2);<\/li>\r\n<li>\u2013 Australia Trade Balance (m\/m) at&#160;02:30&#160;(GMT+2);<\/li>\r\n<li>\u2013 Japan Services PMI (m\/m) at&#160;02:30&#160;(GMT+2);<\/li>\r\n<li>\u2013 German Trade Balance (m\/m) at&#160;09:00&#160;(GMT+2);<\/li>\r\n<li>\u2013 German Services PMI (m\/m) at&#160;10:55&#160;(GMT+2);<\/li>\r\n<li>\u2013 Eurozone Services PMI (m\/m) at&#160;11:00&#160;(GMT+2);<\/li>\r\n<li>\u2013 UK Services PMI (m\/m) at&#160;11:30&#160;(GMT+2);<\/li>\r\n<li>\u2013 EurozoneProducer Price Index (m\/m) at&#160;12:00&#160;(GMT+2);\/li>\r\n<li>\u2013 US ISM Services PMI (m\/m) at&#160;17:00&#160;(GMT+2);<\/li>\r\n<li>\u2013 US FOMC Member Bostic Speaks at&#160;21:00&#160;(GMT+2).<\/li>\r\n  <\/ul>\r\n\r\n\r\n\r\n  <div class=\"ag-analytics_title\">\r\n    Tuesday, February&#160;06\r\n  <\/div>\r\n  <div class=\"ag-analytics_title-list\">\r\nThe main event on Tuesday will be the Reserve Bank of Australia&#8217;s monetary policy meeting. The RBA is expected to leave interest rates unchanged at its first meeting of the year on Tuesday after lower-than-expected fourth-quarter inflation prompted markets to postpone expectations of a rate cut until later in the year. Volatility on the currency pairs with the Australian dollar will increase. Also worth paying attention to on Tuesday is New Zealand&#8217;s labor market data, where unemployment is expected to rise sharply due to the pressure of high interest rates on the economy.\r\n\r\n  <\/div>\r\n\r\n\r\n <br>\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 Retail Sales (m\/m) at&#160;02:30&#160;(GMT+2);<\/li>\r\n<li>\u2013 Australia RBA Interest Rate Decision at&#160;05:30&#160;(GMT+2);<\/li>\r\n<li>\u2013 Australia RBA Rate Statement at&#160;05:30&#160;(GMT+2);<\/li>\r\n<li>\u2013 UK Construction PMI (m\/m) at&#160;11:30&#160;(GMT+2);<\/li>\r\n<li>\u2013 Canada Ivey PMI (m\/m) at&#160;17:00&#160;(GMT+2);<\/li>\r\n<li>\u2013 US FOMC Member Mester Speaks at&#160;19:00&#160;(GMT+2);<\/li>\r\n<li>\u2013 Canada BoC Gov Macklem\u2019s Speech at&#160;20:00&#160;(GMT+2);<\/li>\r\n<li>\u2013 New Zealand Unemployment Rate (q\/q) at&#160;23:45&#160;(GMT+2).<\/li>\r\n  <\/ul>\r\n\r\n\r\n  <div class=\"ag-analytics_title\">\r\n    Wednesday, February&#160;07\r\n  <\/div>\r\n  <div class=\"ag-analytics_title-list\">\r\nOn Wednesday, the main reports will be US and Canadian trade balance data. Export demand and currency demand are directly linked because foreigners must buy the domestic currency to pay for the nation&#8217;s exports. As a rule, if the actual data is better than expected, it has a positive effect on the exchange rate. Also, traders should not miss the US Crude Oil Inventories data, which has a significant impact on oil prices. However, concerns over rising tensions in the Middle East look set to remain front and center in terms of oil pricing.\r\n  <\/div>\r\n\r\n\r\n\r\n <br>\r\n\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 Switzerland Unemployment Rate (q\/q) at&#160;09:00&#160;(GMT+2);<\/li>\r\n<li>\u2013 German Industrial Production (m\/m) at&#160;09:00&#160;(GMT+2);<\/li>\r\n<li>\u2013 Canada Trade Balance (m\/m) at&#160;15:30&#160;(GMT+2);<\/li>\r\n<li>\u2013 US Trade Balance (m\/m) at&#160;15:30&#160;(GMT+2);<\/li>\r\n<li>\u2013 US Crude Oil Reserves (w\/w) at&#160;17:30&#160;(GMT+2);<\/li>\r\n<li>\u2013 US FOMC Member Bowman Speaks at&#160;21:00&#160;(GMT+2).<\/li>\r\n\r\n  <\/ul>\r\n\r\n  <div class=\"ag-analytics_title\">\r\n    Thursday, February&#160;08\r\n  <\/div>\r\n  <div class=\"ag-analytics_title-list\">\r\nThursday, February 1\r\nThursday will bring various statistics for many countries. China will release inflation data, which is expected to show an increase in deflationary pressures. Economists expect the Consumer Price Index for January to come in at negative&#160;0.5% versus negative 0.3% in the previous month. Volatility in Asian indices may increase. Investors should also pay attention to the US weekly report on the number of jobless claims as well as the inflation expectations in New Zealand that help predict the trajectory of the RBNZ interest rates.\r\n\r\n  <\/div>\r\n\r\n\r\n\r\n <br>\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 China Consumer Price Index at&#160;03:30&#160;(GMT+2);<\/li>\r\n<li>\u2013 China Producer Price Index at&#160;03:30&#160;(GMT+2);<\/li>\r\n<li>\u2013 New Zealand Inflation Expectations (q\/q) at&#160;04:00&#160;(GMT+2);<\/li>\r\n<li>\u2013 US Initial Jobless Claims (w\/w) at&#160;15:30&#160;(GMT+2);<\/li>\r\n<li>\u2013 US FOMC Member Barkin Speaks at&#160;19:05&#160;(GMT+2);<\/li>\r\n<li>\u2013 US Natural Gas Reserves (w\/w) at&#160;17:30&#160;(GMT+2).\/li>\r\n\r\n  <\/ul>\r\n\r\n  <div class=\"ag-analytics_title\">\r\n    Friday, February&#160;09\r\n  <\/div>\r\n  <div class=\"ag-analytics_title-list\">\r\nOn Friday, traders will be closely watching the final monthly inflation data in Germany. Consumer inflation is expected to fall from&#160;3.7% to&#160;2.9% on an annualized basis. Traders should also keep a close eye on Canadian labor market data. It\u2019s a bank holiday in China, Singapore, and Hong Kong.\r\n  <\/div>\r\n\r\n\r\n\r\n\r\n <br>\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 RBA Gov Bullock Speak at&#160;00:30&#160;(GMT+2);<\/li>\r\n<li>\u2013 German Consumer Price Index at&#160;09:00&#160;(GMT+2);<\/li>\r\n<li>\u2013 Canada Unemployment Rate (m\/m) at&#160;15:30&#160;(GMT+2).<\/li>\r\n\r\n  <\/ul>\r\n\r\n<p class=\"ag-analytics_text\">by <span class=\"author vcard\"><span class=\"fn\">JustMarkets<\/span><\/span>, <span class=\"updated\">2024.02.05<\/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\/pt\/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 (February 05 &#8211; February 09) In terms of economic events, this week will be much calmer than the previous one. The main events of the week will be the meeting of the Central Bank of Australia, inflation data in Germany and China, and speeches by representatives of &#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":[],"tags":[],"class_list":["post-7569","post","type-post","status-publish","format-standard","hentry"],"featured_image_src":"","blog_images":{"medium":"","large":""},"acf":[],"aioseo_notices":[],"ams_acf":[{"key":"icon","label":"Icon","value":false}],"_links":{"self":[{"href":"https:\/\/justmarkets.eu\/pt\/wp-json\/wp\/v2\/posts\/7569","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/justmarkets.eu\/pt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/justmarkets.eu\/pt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/justmarkets.eu\/pt\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/justmarkets.eu\/pt\/wp-json\/wp\/v2\/comments?post=7569"}],"version-history":[{"count":0,"href":"https:\/\/justmarkets.eu\/pt\/wp-json\/wp\/v2\/posts\/7569\/revisions"}],"wp:attachment":[{"href":"https:\/\/justmarkets.eu\/pt\/wp-json\/wp\/v2\/media?parent=7569"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/justmarkets.eu\/pt\/wp-json\/wp\/v2\/categories?post=7569"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/justmarkets.eu\/pt\/wp-json\/wp\/v2\/tags?post=7569"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}