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)…
US Inflation & Retail Sales
|February 14 will be full of events. At 15:30 MT time, American statistical services will deliver four data releases, which will be important for the US dollar. Consumer price index will be counted 2 times: as CPI and core CPI (excluding food and energy). These are key inflation gauges that are closely monitored by the Federal Reserve.|
|Retail sales come in 2 types as well: retail sales and core retail sales (excluding automobiles). The data show the economic activity of the US population.|
|Actual numbers that are better than forecast ones will lead the US dollar to the upside. However, with so many releases at the same time, the probability that they will all be good isn’t very high.|
Last week was very interesting for the markets, as we saw the releases of the US Inflation and Disney’s earnings report. So let's see what we should await this week!
The US will reveal Non-farm payrolls on January 7, Friday, at 15:30 GMT+2 (MetaTrader time).
Main news that will drive the market in the upcoming week include CB Consumer Confidence Index, Canadian GDP, and US Core PCE Price Index
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.
Every week we expect many interesting events that can shake the market.