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14.08.2023 18:06

Target levels and forecast for the week 14.08. 18.08.



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Target levels and forecast for the week 14.08.  18.08.No major events are expected this week, in the absence of an escalation in the trade war between the US and China, markets can be expected to go into a flat state until August 21-23.The market will be focused on US statistics and the minutes of the July Fed meeting. US retail sales are important for risk assessment as the Fed is following this report closely because monetary policy affects inflation through lower consumer demand.The Fed's protocol is likely to be neutral and unlikely to have an impact on the markets. Correction of rhetoric on the topic of monetary policy is possible no earlier than the Jackson Hole Fed Symposium on August 24-26.For currency markets, the main driver will be British reports on inflation and the labour market. The China data block will have an impact on short-term risk appetite.Recall the fundamental events that you need to pay attention to (GMT 0 time):Tue, 15Earnings Dates & Reports: Home Depot, JD.com, PandoraAUD: RBA Meeting Minutes (01:30)CNY: Chinese Unemployment Rate, Industrial Production (02:00)GBP: Employment Change, Labour Productivity, Unemployment Rate (06:00)EUR: ZEW Economic Sentiment (09:00); EU Economic Forecasts (10:00)USD: Retail Sales (12:30); API Weekly Crude Oil Stock (20:30)Wed, 16Earnings Dates & Reports: Cisco, TargetNZD: RBNZ Interest Rate Decision (02:00); RBNZ Press Conference (03:00)GBP: CPI, PPI (06:00)EUR: GDP, Industrial Production (09:00);USD: Industrial Production (13:15); Crude Oil Inventories (+Cushing) (14:30); FOMC Meeting Minutes (18:00)Thu, 17Earnings Dates & Reports: Walmart, LenovoAUD: Employment Change, Full Employment Change, Unemployment Rate (01:30)EUR: Trade Balance (09:00)USD: Initial Jobless Claims (12:30); Fed's Balance Sheet (20:30);Fri, 18Earnings Dates & Reports: Deere&Co, Estee Lauder, XpengEUR: CPI (09:00)GBP: Retail Sales (06:00)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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