{"id":9048,"date":"2024-07-22T06:19:45","date_gmt":"2024-07-22T06:19:45","guid":{"rendered":"https:\/\/justmarkets.eu\/?p=9048"},"modified":"2024-07-22T06:19:46","modified_gmt":"2024-07-22T06:19:46","slug":"weekly-overview-2024-07-22","status":"publish","type":"post","link":"https:\/\/justmarkets.eu\/pt\/analytics\/weekly-overview-2024-07-22\/","title":{"rendered":"Week’s main events (July 22 \u2013 July 26)"},"content":{"rendered":"\r\n
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Week’s main events (July 22 \u2013 July 26)<\/h1>\r\n
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\r\nThe main focus of investors this week will be on the meeting of the central banks of Canada, as well as the US PCE inflation report. There is a 90% probability that the Bank of Canada will cut interest rates for the second time this cycle. Regarding the inflation report, economists expect June’s Personal Consumption Expenditures (PCE) Price Index to rise 0.1% for the second consecutive month, pushing three-month annualized core inflation down to its lowest pace this year. Also worth watching this week are the US Q2 GDP data and the manufacturing and service sector PMI data, which will show the health of key economies at a time of high interest rates.\r\n\r\n <\/p>\r\n\r\n\r\n

\r\n Monday, July 22\r\n <\/div>\r\n
\r\nNo important news is expected in the European and American sessions on Monday. The main attention of traders will be focused on the interest rate data of the People’s Bank of China (PBoC). After the one-year medium-term funding rate was left unchanged at 2.50%, there seems to be little incentive for banks to lower lending rates. However, Asian indices may be volatile.\r\n <\/div>\r\n \r\n
\r\n Main events of the day:\r\n <\/div>\r\n\r\n