What to Trade on August 22–26?
How Energy Crisis Affects German PMI August 23, 2022, 10:30 GMT+3 Germany will publish Flash Manufacturing PMI data on Tuesday, August 23, at 10:30 MT time (GMT+3)…
Euro zone corporate lending surge tacks on
The previous month surge in euro zone corporate lending managed to pick up, as the European Central Bank informed on Thursday. It unveiled it just hours before revealing whether it would reduce monetary stimulus from 2018 or not.
In September, lending surge to businesses, a major plank in euro zone's economic recovery, rallied to 2.5% from August’s outcome of 2.4%, while household lending didn’t change, sticking to 2.7, as the ECB told.
However, lending demonstrated its best performance since global financial downtime - it stood below its pre-crisis mark because financial institutions, under pressure to improve their balance sheets, were still reluctant to lend the EU’s real economy.
The annual surge rate of the M3 measure of money supply, considered by some to be a precursor of economic activity, climbed up from 5.0 to 5.1% the previous month, thus confounding expectations for 5.0%.
On Thursday, the ECB is supposed to announce that it’s going to reduce asset purchases from 2018.
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What Will Fluctuate the Market on August 15–19?
A new week means new trading opportunities! Here are some events that can fluctuate the market actively…
The US GDP: What’s New?
The US will announce the advanced Gross Domestic Product (GDP) on July 28 at 15:30 MT time.
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Post-Fed Releases for USD & CAD Traders
Main news that will drive the market in the upcoming week include CB Consumer Confidence Index, Canadian GDP, and US Core PCE Price Index
FED and BOE Make Another Attempt to Beat Inflation
The Federal Reserve (Fed) will announce its Interest Rate Decision and make a statement about the future monetary policy on Wednesday, September 21, GMT+3. After the higher-than-expected inflation numbers published on September 13, there’s almost no doubt the Federal Reserve will come up with another 75-basis-point rate hike. However, surprised by the CPI numbers, several Fed members announced the possibility of a 100-basis-point rate hike on Wednesday.
Will the UK and US Cope with Inflation?
Every week we expect many interesting events that can shake the market.
