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๐ Market focus: events of the current week
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๐ Gastechโs 2021 conference will open in Dubai today; its results will interest those who trade with gas and oil assets.
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The busiest day is Thursday:โช๏ธ The BOE meeting may reverse the Pound rate if the regulator confirms the decision on the need to curtail the QE program at the end of this year and on a possible rate hike next year. We pay special attention to the PMI of industry and services in the UK.
โช๏ธ The ECB will meet for an unscheduled private meeting, which was scheduled after the publication in the Financial Times of the insider about Laneโs meeting with German bankers - it is necessary to agree on a common position for media appearances. No official announcements are expected.
โช๏ธ There will be a final debate of six candidates for the post of German chancellor before the elections on September 26 - the EUR can get nervous.
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Powell will open a public debate on post-pandemic recovery as part of the Fed Listens initiative, on Friday, but no new ideas are expected.
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Specified time is GMT Offset 0
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Tuesday, 21
USD: Building Permits (12:30); API Weekly Crude Oil Stock (20:30)
NZD: GlobalDairyTrade Price Index (Tentative 15:00)
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Wednesday, 22
CNY: PBoC Loan Prime Rate (01:30)
JPY: BoJ Monetary Policy Statement, Press Conference (03:00)
USD: Existing Home Sales (14:00); Crude Oil Inventories (14:30); FOMC Economic Projections, Statement, Fed Interest Rate Decision (18:00); Press Conference (18:30)
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Thursday, 23
EUR: Manufacturing, Markit Composite, Services PMI (08:00)
GBP: Composite, Manufacturing, Services PMI (08:30); BoE Interest Rate Decision, QE Total (11:00)
USD: Initial Jobless Claims (12:30); Manufacturing, Markit Composite, Services PMI (13:45)
NZD: Trade Balance (22:45)
JPY: National Core CPI (23:30)
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Friday, 24
JPY: Services PMI (00:30)
USD: Fed Chair Powell Speaks, New Home Sales (14:00)
GBP: MPC Member Tenreyro Speaks (13:00)
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Profits to yโall!