12.06.2023 13:21
Target levels and forecast for the week 12.06. 16.06.
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Target levels and forecast for the week 12.06. 16.06. The attention of market participants is focused on the US inflation indicators and FOMC meeting, although Fed is unlikely to raise the rate (no more than a 30% chance). US statistics on Thursday may increase the reaction of the markets to the Fed's decision and lead to a significant downward correction in the stock market.For the dynamics of the pound, the report on the labour market in Britain is important, followed by comments from the head of BOE Bailey.ECB will raise rates at its meeting on Thursday, in new economic forecasts it is worth paying attention to the assessment of the recession process in Europe.Economic reports and the decision of the PBOC on lending rates are important for assessing the chances for an increase in the main rate in a week.Bank of Japan, as Ueda promises, does not plan to correct monetary policy.Recall the fundamental events that you need to pay attention to (GMT 0 time):Tue, 13GBP: Unemployment Rate, Employment Change (06:00); BoE Gov Bailey Speaks (14:00); EUR: ZEW Economic Sentiment (09:00)USD: OPEC Monthly Report (11:00); CPI (12:30); API Weekly Crude Oil Stock (20:30)Wed, 14GBP: GDP, Trade Balance (+ Balance Non-EU) (06:00)EUR: Industrial Production (09:00)USD: IEA Monthly Report (08:00); PPI (12:30); Crude Oil Inventories (+Cushing) (14:30); FOMC Statement, Fed Interest Rate Decision (18:00); Press Conference (18:30)Thu, 15AUD: Employment Change, Fixed Asset Investment (01:30)CNY: Industrial Production, Unemployment Rate, NBS Press Conference (02:00)EUR: Eurogroup Meetings (10:00); ECB Interest Rate Decision, Monetary Policy Statement (12:15); Press Conference (12:45)USD: Export, Import Price Index Initial, Jobless Claims, Retail Sales (12:30); Industrial Production (13:15)Fri, 16JPY: BoJ Monetary Policy Statement (03:00); Press Conference (06:30); Interest Rate Decision (17:20)EUR: CPI (09:00) 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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