04.09.2023 17:56
Target levels and forecast for the week 04.09 08.09
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Target levels and forecast for the week 04.09 08.09 Today is a day off on the US and Canadian stock exchanges, which means low liquidity and a narrow range in the American trading session.The autumn influx of liquidity to the markets will start tomorrow.The main statistics are the report of the services market from ISM, after this report, it will be possible to conclude the direction of the September trend; particular attention should be paid to data on prices and employment.The RBA will announce the decision on the interest rate.China's trade balance will also be reflected in the overall risk appetite.OPEC+ plans to publish the main parameters of the oil supply agreement, but there is no exact release date. An extension of the current production cuts in Saudi Arabia and the Russian Federation is expected in October, surprises are not ruled out, the material is worth studying in detail since the next meeting of the JMMC committee is scheduled for October 4th.Recall the fundamental events that you need to pay attention to (GMT 0 time):Tue, 05AUD: Retail Sales (01:30); RBA Interest Rate Decision, Rate Statement (04:30)CNY: Caixin Services, Chinese Composite PMI (01:45)EUR: ECB President Lagarde Speaks (07:00); S&P Global Composite, Services PMI (08:00)GBP: Services, Composite PMI (08:30)Wed, 06AUD: GDP (01:30); RBA Governor Lowe Speaks (15:10)USD: Exports, Imports, Trade Balance (12:30); S&P Global Composite, Services PMI (13:45); ISM Non-Manufacturing PMI, Employment, Prices (14:00); Beige Book (18:00); API Weekly Crude Oil Stock (20:30)Thu, 07AUD: Trade Balance (01:30); RBA Governor Lowe Speaks (03:10)CNY: Exports, Imports, Trade Balance (03:00)USD: Initial Jobless Claims (12:30); Crude Oil Inventories (+Cushing) (15:00); Fed's Balance Sheet (20:30)EUR: GDP (09:00)JPY: GDP (23:50)Fri, 08EUR: European Union Economic Forecasts (10:00)For more news see Economic Calendar.Profits to yall!#EURUSD #GBPUSD #USDJPY #XTIUSD #Profits #ForexChief #forexsignals #MarketFocus #forexnews #Stock #StopLoss #EconomicCalendar #worldnews #forexmarket
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