The S&P 500 had a good week due to the impressive start of Q1 earnings and favorable inflation data. In March, the consumer price index rose 5%, lower than the previous month's 6%, and met economists' expectations.
The United States jobless claims will be released
2020-08-20 • Updated
Ichimoku Kinko Hyo
EUR/JPY: The EUR/JPY pair is now testing the Tenkan Sen support level. If the pair break below this level, the next support is the Kijun Sen level. Further drop of EUR/JPY will continue its bearish sentiment.
European Market View
The European Central Bank minutes will cover the relatively uneventful meeting in July 2020. Also, today the United States jobless claims will be released.
The Turkish Central Bank will release the official rate, which is expected to remain unchanged. Other measures might be imposed to tighten liquidity.
European Key Point
- The United States jobless claims will be released.
- The Turkish Central Bank will release the official rate.
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