Get Ready for a Jam-Packed Week: US PCE, BOC, PBOC, LPR, PMIs, and Tokyo CPI in the Spotlight!
Description:
Week Ahead 22nd-26th July: Mon: PBoC LPR Tue: NBH Policy Announcement; US Existing Home Sales (Jun), Richmond Fed (Jul), EZ Consumer Confidence Flash (Jul) Wed: BoC Policy Announcement & MPR; Japanese Flash PMIs (Jul), German GfK (Aug), EZ, UK & US Flash PMIs (Jul) Thu: CBR Announcement, CBRT Announcement; EZ M3 (Jun), German Ifo (Jul), US Durable Goods (Jun), GDP Advance & PCE (Q2), IJC (20th Jul) Fri: Moody’s Bulgaria, Czech Republic, Latvia Review; Japanese CPI Tokyo (Jul), US PCE (Jun), Uni. of M…
Week Ahead In the Financial World:
As we gear up for another thrilling week in the financial markets, there are several key events and reports that will be in the spotlight. On Monday, all eyes will be on the People’s Bank of China (PBoC) Loan Prime Rate (LPR) announcement. This will set the tone for the week in Asia and could have ripple effects across global markets.
On Tuesday, the National Bank of Hungary (NBH) will make a policy announcement, while in the US, data on Existing Home Sales for June will be released. Additionally, the Richmond Federal Reserve’s July data and the Eurozone Consumer Confidence Flash report for July will be closely watched.
Wednesday will bring more excitement with the Bank of Canada (BoC) policy announcement and Monetary Policy Report (MPR). Japanese Flash Purchasing Managers’ Index (PMI) data for July, German GfK Consumer Climate for August, and Flash PMI reports for the Eurozone, UK, and US for July will provide further insights into the state of the global economy.
Thursday will see announcements from the Central Bank of Russia (CBR) and the Central Bank of Turkey (CBRT), along with Eurozone M3 money supply data for June, German Ifo Business Climate for July, US Durable Goods Orders for June, and Advance GDP and Personal Consumption Expenditures (PCE) for Q2. Additionally, Initial Jobless Claims data for the week ending July 20th will be released in the US.
Finally, on Friday, Moody’s will conduct reviews on Bulgaria, the Czech Republic, and Latvia. Japanese Consumer Price Index (CPI) for Tokyo in July, US Personal Consumption Expenditures (PCE) for June, and the University of Michigan Consumer Sentiment Index for July will wrap up the week.
How this will affect you:
For individual investors and traders, the events and data releases scheduled for next week will provide valuable insights into the state of the global economy and potentially affect investment decisions. The announcements from central banks, economic indicators, and ratings reviews can all impact various asset classes, currencies, and markets.
How this will affect the world:
The outcomes of the PBoC LPR announcement, BoC policy decision, PMI data releases, and other key reports will not only influence individual countries and regions but also have spillover effects on the global economy. Market reactions to these events could lead to heightened volatility, impacting international trade, investments, and economic growth worldwide.
Conclusion:
As we navigate through a jam-packed week of central bank announcements, economic reports, and ratings reviews, it is essential to stay informed and monitor market developments closely. The financial world is interconnected, and events in one corner of the globe can have far-reaching implications. Be prepared, stay updated, and make informed decisions as we head into an eventful week!
