{"id":9210,"date":"2024-08-28T08:54:12","date_gmt":"2024-08-28T08:54:12","guid":{"rendered":"https:\/\/justmarkets.eu\/?p=9210"},"modified":"2024-08-28T08:54:13","modified_gmt":"2024-08-28T08:54:13","slug":"weekly-overview-2024-08-05","status":"publish","type":"post","link":"https:\/\/justmarkets.eu\/pt\/analytics\/weekly-overview-2024-08-05\/","title":{"rendered":"Week’s main events (August 05 \u2013 August 09)"},"content":{"rendered":"\r\n
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Week’s main events (July 05 \u2013 August 09)<\/h1>\r\n
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\r\nIt will be a relatively quiet week for economic events. The main focus of investors will be the RBA Interest Rate Decision. At the last meeting, the Australian Bank left the benchmark rate unchanged at 4.35%, but there was discussion of raising the rate by another 25 bps as inflation is falling slower than previously expected. Therefore, economists are confident that the RBA will keep rates unchanged at the current meeting. China will release trade data on Thursday and inflation data for July on Friday, which is expected to show a slight increase in consumer prices. Also, this week it is worth paying attention to the New Zealand unemployment data, which is published once a quarter, sharply increasing the volatility on currency pairs with NZD.\r\n\r\n <\/p>\r\n\r\n\r\n

\r\n Monday, August 05\r\n <\/div>\r\n
\r\nOn Monday, investors will look primarily at the minutes of the Bank of Japan meeting. If the protocol shows that policymakers are ready to keep raising interest rates until the end of the year, the yen may remain on the plus side, even though the rally already seems excessive. Also, on Monday, data on business activity in the service sector in key economies will be released. It’s a bank holiday in Canada and Australia.\r\n <\/div>\r\n \r\n
\r\n Main events of the day:\r\n <\/div>\r\n\r\n