ββ#ForexChief #MarketFocus #forexnews #QE #ECBmeeting #worldnews #forexmarket #FedMeeting #PMIindexesβ
π Market focus: events of the current week
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π There are no major events this week. Fans of European assets may be interested in the minutes of the Fed meeting, it will help to assess market mood on the latest inflationary data. The latest minutes of ECB meeting should also clarify the situation with the euro QE reduction program. If the market considers protocol too optimistic, then euro will be under additional pressure, despite record inflation in the eurozone countries.
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We pay attention to publication of PMI indexes β German and European indicators are especially interesting. But all statistics will have a weak impact on market. Tone of the auction will depend on geopolitics.
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specified time is GMT Offset 0β
Tuesday, 05AUD: RBA Interest Rate Decision, Rate Statement (04:30)
GBP: Composite, Services PMI (08:30)
USD: Exports, Imports, Trade Balance (12:30); Markit Composite, Services PMI (13:45), ISM Non-Manufacturing PMI (14:00); API Weekly Crude Oil Stock (20:30)
JPY: Services PMI, 10-Year JGB Auction (00:30)
EUR: Markit Composite, Services PMI (08:00)
NZD: GlobalDairyTrade Price Index (15:00)
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Wednesday, 06CNY: Caixin Services PMI (01:45)
GBP: Construction PMI (08:30)
USD: Crude Oil Inventories, Cushing Crude Oil Inventories (14:30)
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Thursday, 07
AUD: Trade Balance (01:30)
EUR: Retail Sales (09:00); ECB Publishes Account of Monetary Policy Meeting (11:30)
USD: Initial Jobless Claims (12:30)
GBP: Halifax House Price Index (06:00)
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Friday, 08AUD: RBA Financial Stability Review (01:30)
USD: WASDE Report (16:00)
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Profits to yβall!