By JustMarkets
This week will be full of important events. On Wednesday is the important monetary policy meeting of the Fed, where policymakers will announce their interest rate decision. Market pricing is leaning toward a quarter-point interest rate hike, which would raise borrowing costs to 5.00%. The Bank of England (BoE) and the Swiss National Bank (SNB) will hold their meetings on Thursday. Also, inflation data from the UK, Canada, and Japan will be released during the week. The volatile week will finish with data on business activity in different countries’ manufacturing and service sectors.
- – China PBoC Loan Prime Rate at 03:15 (GMT+2);
- – German Producer Price Index (m/m) at 09:00 (GMT+2);
- – Eurozone Trade Balance (m/m) at 12:00 (GMT+2);
- – New Zealand Trade Balance (q/q) at 23:45 (GMT+2).
- – Australia RBA Meeting Minutes at 02:30 (GMT+2);
- – German ZEW Economic Sentiment (m/m) at 12:00 (GMT+2);
- – Eurozone ZEW Economic Sentiment (m/m) at 12:00 (GMT+2);
- – Canada Consumer Price Index (m/m) at 14:30 (GMT+2);
- – Eurozone ECB President Lagarde Speaks at 14:30 (GMT+2);
- – US Existing Home Sales (m/m) at 16:00 (GMT+2).
- – UK Consumer Price Index (m/m) at 09:00 (GMT+2);
- – UK Producer Price Index (m/m) at 09:00 (GMT+2);
- – Eurozone ECB President Lagarde Speaks at 10:45 (GMT+2);
- – US Crude Oil Reserves (w/w) at 16:30 (GMT+2);
- – US FOMC Economic Projections at 20:00 (GMT+2);
- – US Fed Interest Rate Decision at 20:00 (GMT+2);
- – US FOMC Statement at 20:00 (GMT+2);
- – US FOMC Press Conference at 20:30 (GMT+2).
- – Hong Kong Interest Rate Decision at 04:30 (GMT+2);
- – Singapore Consumer Price Index (m/m) at 07:00 (GMT+2);
- – Hong Kong Consumer Price Index at 10:30 (GMT+2);
- – Switzerland SNB Interest Rate Decision at 10:30 (GMT+2);
- – Switzerland SNB Monetary Policy Assessment at 10:30 (GMT+2);
- – Switzerland SNB Press Conference at 11:00 (GMT+2);
- – UK BoE Interest Rate Decision at 14:00 (GMT+2);
- – UK BoE MPC Meeting Minutes at 14:00 (GMT+2);
- – US Initial Jobless Claims (w/w) at 14:30 (GMT+2);
- – US New Home Sales (m/m) at 16:00 (GMT+2);
- – US Natural Gas Storage (w/w) at 16:30 (GMT+2).
- – Australia Manufacturing PMI (m/m) at 00:00 (GMT+2);
- – Australia Services PMI (m/m) at 00:00 (GMT+2);
- – Japan National Core CPI (m/m) at 01:30 (GMT+2);
- – Japan Manufacturing PMI (m/m) at 02:30 (GMT+2);
- – Japan Services PMI (m/m) at 02:30 (GMT+2);
- – UK Retail Sales (m/m) at 09:00 (GMT+2);
- – German Manufacturing PMI (m/m) at 10:30 (GMT+2);
- – German Services PMI (m/m) at 10:30 (GMT+2);
- – Eurozone Manufacturing PMI (m/m) at 11:00 (GMT+2);
- – Eurozone Services PMI (m/m) at 11:00 (GMT+2);
- – UK Manufacturing PMI (m/m) at 11:30 (GMT+2);
- – UK Services PMI (m/m) at 11:30 (GMT+2);
- – US Durable Goods Orders (m/m) at 14:30 (GMT+2);
- – Canada Retail Sales (m/m) at 14:30 (GMT+2);
- – US Manufacturing PMI (m/m) at 15:45 (GMT+2);
- – US Services PMI (m/m) at 15:45 (GMT+2).
By JustMarkets
This article reflects a personal opinion and should not be interpreted as an investment advice, and/or offer, and/or a persistent request for carrying out financial transactions, and/or a guarantee, and/or a forecast of future events.
- Stoxx Europe 600: What Signs of Investor Exuberance Keep Telling Us May 17, 2024
- Natural gas prices rose to a 4-month high. China released mixed data May 17, 2024
- S&P 500 index hits record high amidst lower inflation May 17, 2024
- Stock indices have hit all-time highs. The Australian labor market is starting to cool down May 16, 2024
- Target Thursdays: USDInd, Soybean & EU50 hit targets! May 16, 2024
- JPY has sharply strengthened May 16, 2024
- PBoC kept the interest rate unchanged. The US stock indices rise despite rising manufacturing inflation May 15, 2024
- Meme-stock mania: Will GameStop, AMC stocks surge even higher? May 15, 2024
- Euro climbs to five-week high ahead of US CPI data May 15, 2024
- Australia will release its annual budget today. Rising inflation expectations hurt US stock indices May 14, 2024
Free Reports:
Download Our Metatrader 4 Indicators – Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter
Get our Weekly Commitment of Traders Reports - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.