Hello, and welcome to our latest edition of trading news preview! Since you’re probably here to learn about next week’s top market highlights, let’s start with that first:
Tag Archives: Retail Sales
The monetary policy season appears to be over… at least for now. But that doesn’t mean that the markets are standing still.
Au contraire, participants in the global economy should steal some extra time off their busy schedules as they will have to track multiple events at a time, some of which include:
– Year over year Consumer Price Index report (GBP);
– Unemployment rate statement (AUD);
– Month over month core retail sales report (USD).
Winter is coming and, with it, some of the busiest 5 days we’ve seen since the heat of summer. For instance, next week is the week when:
– The Bank of Japan will release its monetary policy statement;
– The Bank of England will present a summary of their own monetary policy;
– BOE Gov Carney will hold a speech that could potentially spark volatility.
But we’re nowhere near the end of the list just yet. Discover what else is brewing on the global markets below.
On Wednesday, the US Federal Reserve hiked the interest rates by a quarter point to 2.25%, a fund target rate not reached since the 2008 economic crisis.
But while we cautiously keep an eye on credit card rates, house prices, and our retirement savings, it’s also worth checking out next week’s potential market shifters, of which there are many: Manufacturing PMI (GBP), Unemployment Rate (USD), RBA Rate Statement (AUD) and more.
The upcoming week is shaping up to be exciting to both traders and investors alike, promising events like a Libor Rate Statement (CHF), a Monetary Policy Statement (JPY), a quarter over quarter GDP report (NZD)… and the list keeps on going.
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.
Weekly Overview (13 – 17 August 2018): Russia’s oil industry remains virtually intact despite the latest US sanctions
The most recent US sanctions on Russia’s oil and gas ventures left senators perplexed as the country now gears towards besting its record-high barrel output in July. What is keeping Russia’s oil economy afloat at a time of growing economic uncertainty?