Next week, we expect a shower of market-shifting economic events. Some examples include a Retail Sales m/m report (AUD), Manufacturing PMI report (GBP), and a Trade Balance statement (CAD). Please find the full list of events below.
After a promising report from the week before it seems like we are about to face yet another dry spell on the economic front. Among the most notable events for next week are a GDP m/m report from Canada, a Crude Oil Inventories statement from the USA, and an ANZ Business Confidence.
Unbothered in the least by the scorching August heat, the global markets are set to reach peak performance next week. Top events include detailed GDP m/m report from Canada, Monetary Policy Statement from Japan, FOMC Statement from the US, speech by Bank of England’s Gov Carney and more.
AT&T has agreed to acquire Time Warner Inc. in a cash and stock deal for $85.4 billion. To fund the purchase, the telecommunications conglomerate arranged a $40 bill. loan from JP Morgan Chase and Bank of America.
The week was dominated by earnings reports, most of them quite positive. Fed’s interest rate decision announced midweek ended with no policy action and only minor changes in the post-meeting statement. Short-term rates have been near zero for more than seven years now.