#ForexChief #MarketFocus #forexnews #EUsentix #Eurozone #worldnews #forexmarket #TradeBalance #UKGDP #NFP #Bundesbank #EuropeanCommission⠀
📊 Market focus: events of the current week⠀
👉 There are no serious fundamental events in the current calendar. Let's look at the statistics:• USA − consumer price inflation and weekly jobless claims;
• Eurozone − EU Sentix investor confidence index and new forecasts of the European Commission;
• United Kingdom − UK GDP, trade balance and retail sales data.
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Strong NFP for January obviously puzzled the Fed, but on Friday, no Fed officials ventured to comment on this report. No official speeches are scheduled, but there is no doubt that Fed members will continue to intimidate the markets with their rhetoric in private comments.
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Main theme of rhetoric of ECB members will attempt to reduce market expectations regarding the pace and timing of monetary tightening. Particular attention should be paid to comments of representatives of the Bundesbank.
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specified time is GMT Offset 0
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Tuesday, 8USD: Exports, Imports, Trade Balance (13:30); API Weekly Crude Oil Stock (21:30)
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Wednesday, 9NZD: Inflation Expectations (02:00)
USD: Crude Oil, Cushing Crude Oil Inventories (15:30); WASDE Report ,FOMC Member Mester Speaks (17:00)
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Thursday, 10USD: OPEC Monthly Report (12:00); CPI, Core CPI, Initial Jobless Claims (13:30); Federal Budget Balance (19:00)
GBP: RICS House Price Balance (00:01); BoE Gov Bailey Speaks (20:15)
NZD: Business NZ PMI (21:30)
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Friday, 11GBP: GDP, Manufacturing Production, Business Investment, Industrial Production, Trade Balance, Trade Balance Non-EU (07:00); Fed Monetary Policy Report (15:00)
USD: IEA Monthly Report (09:00)
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Profits to y’all!