Target levels and forecast for the week 07.08. 11.08.

Target levels and forecast for the week 07.08.  11.08. In addition to data on UK GDP, the main topic that could increase panic is Biden's signing of a decree banning investments and the sale of technology to China. According to recent insiders, after the downgrade of the US rating by Fitch, the decision on sanctions may be postponed until the end of August, so as not to unnerve the markets.The market fears the growth of general inflation, so the main information release is US CPI inflation on Thursday. These data will seriously affect the debt market. Of particular interest is the core consumer price index, excluding food and energy prices, as well as a report on the growth of the producer price index. If these indicators turn out to be in the green zone, the dollar will strengthen its position throughout the market.Fed officials will actively pollute the broadcast with comments, but in any case, the decision of the Fed at the September meeting depends on the dynamics of inflation and the situation in the US debt market. If inflation rises but the debt market collapses, the Fed will continue to pause.Recall the fundamental events that you need to pay attention to (GMT 0 time):Tue, 08CNY: Exports, Imports, Trade Balance (03:00)USD: Exports, Imports, Trade Balance (12:30); EIA Short-Term Energy Outlook (16:00); API Weekly Crude Oil Stock (20:30)Wed, 09Earnings Dates & Reports: Sony, Disney, VertexCNY: CPI, PPI (01:30)USD: Crude Oil Inventories (+Cushing) (14:30)Thu, 10Earnings Dates & Reports: Alibaba, Indie, Ralph Lauren, Cyberark, BakktEUR: ECB Economic Bulletin (08:00)USD: OPEC Monthly Report (11:00); Initial Jobless Claims, CPI (12:30); Federal Budget Balance (18:00); Fed's Balance Sheet (20:30)Fri, 11GBP: GDP, Industrial Production, Trade Balance, Trade Balance Non-EU (06:00)USD: IEA Monthly Report (08:00); PPI (12:30); WASDE Report (16:00)For more news  see Economic Calendar.Profits to yall!#EURUSD #GBPUSD #USDJPY #XTIUSD #Profits #ForexChief #forexsignals #MarketFocus #forexnews #Stock #StopLoss #EconomicCalendar #worldnews #forexmarket