Tag Archives: Weekly Highlight Event
Insights on Major Country Economies and Inflation
The Week Ahead: Week of 7 August (GMT+3) Tuesday, 8 August, 09:00 – EU German CPI (MoM) (Jul) In June, inflation rebounded, rising by 0.3% month-on-month, matching the preliminary figure. Currently, the market is anticipating the preliminary release of Germany’s Consumer Price Index (CPI) for July to stay at 0.3%. Following the ECB’s rate hikeContinue Reading
What Will the Interest Rate Decisions from Major Central Banks Impact on the Global Market?
The Week Ahead: Week of 31 July (GMT+3) Tuesday, 25 July, 17:00 Tuesday, 1 August, 07:30 – AU RBA Interest Rate Decision (Aug) In July, the Reserve Bank of Australia chose to keep the rate unchanged with a current rate of 4.10%. The Reserve Bank of Australia’s (RBA) decision to pause rate left analysts andContinue Reading
Fed Faces Crucial Decisions
The Week Ahead: Week of 24 July (GMT+3) Tuesday, 25 July, 17:00 US CB Consumer Confidence (Jul) Despite the Federal Reserve’s efforts to curb inflation through interest rate hikes, the U.S. economy maintains positive performance. Consumer confidence reached its highest level in June, rising from 102.5 to 109.7. However, Dana Peterson, Chief Economist at TheContinue Reading
The US Housing Market Will Be In Focus In The Upcoming Week
The Week Ahead: Week of 17 July (GMT+3) Tuesday, 18 July, 15:30 – US Retail Sales (MoM) (Jun) Contrary to market expectations of a -0.1% rate, May’s US Retail Sales exceeded forecast expectations with a rate of 0.3%. This indicates that consumer spending remains resilient, even in the face of rising inflation and interest rates.Continue Reading
Awaiting The RBNZ And BoC Interest Rate Decisions
The Week Ahead: Week of 10 July (GMT+3) Tuesday, 11 July, 09:00 – EU German CPI (MoM) (Jun) The June preliminary release of the Consumer Price Index (CPI) in Germany increased by 0.3% compared to the previous month. This persistent rise indicates that the country still has a significant challenge ahead in combating inflation. Wednesday,Continue Reading
Upcoming Data Releases Are Expected To Provide Insights Into The US Job Market
The Week Ahead: Week of 3 July (GMT+3) Monday, 3 July, 17:00 – US ISM Manufacturing PMI (Jun) The manufacturing Purchasing Managers’ Index (PMI) in the United States has remained below the threshold of 50 for the sixth consecutive month, signalling contraction in the sector. The latest reading recorded a decline to 46.9 from theContinue Reading
High Inflation Across Multiple Countries: A Focus On Upcoming Significant Data
The Week Ahead: Week of 26 June (GMT+3) Tuesday, 27 June, 17:00 – US CB Consumer Confidence (Jun) Ahead of the anticipated release of the U.S. CB Consumer Confidence data, the University of Michigan has published the Consumer Sentiment Index for the United States. It shows a monthly increase of 7.9% from 59.2 to 63.9Continue Reading
Market Expected To Calm As Holidays Approach
The Week Ahead: Week Of 19 June (GMT+3) Monday, 19 June, All Day – US Juneteenth During the upcoming US holiday, the market is expected to be relatively calm, and it may be a suitable time for investors to take a break. Wednesday, 21 June, 9:00 – UK CPI (YoY) (May) In April, the ConsumerContinue Reading
Focus On The Upcoming Fed Interest Rate Decision
The Week Ahead: Week of 12 June (GMT+3) Tuesday, 13 June, 15:30 – US CPI (MoM) (May) According to the previous Consumer Price Index (CPI), the United States witnessed a modest increase of 0.4% compared to last month’s 0.1%. The upcoming inflation data for May is anticipated to reveal a slight cooling of consumer pricesContinue Reading
All Eyes On U.S. Senate For Debt Ceiling Conclusion
The Week Ahead: Week of 5 June (GMT+3) Monday, 5 June, 11:30 – UK Composite PMI (May) Rating agency Moody has warned that the UK is set for a mild recession, given the high inflation and borrowing costs. Inflation in the country is the highest among F7 countries, with an increase of 8.7% in April.Continue Reading