11.09.2023 14:01
Target levels and forecast for the week 11.09. 15.09.
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Target levels and forecast for the week 11.09. 15.09. The week is filled with events that will influence the Fed's forecasts and rhetoric at its September 20 meeting.We draw your attention to US reports on CPI inflation and retail sales. Overall inflation is expected to rise, but this will only be in response to rising oil prices, a factor that is positive for risk appetite. To reduce the risk, we need an increase in core inflation at the end of the month.ECB meeting will be difficult. It is obvious that there is a recession in the Eurozone, which will gain strength as winter approaches, but the ECB's decision may be illogical. In any case, the euro will fall after the ECB meeting, perhaps after a spike upward during Lagarde's speech. Lagarde conference.The report on the British labour market will also have an impact on the euro; we pay special attention to wage growth.Recall the fundamental events that you need to pay attention to (GMT 0 time):Tue, 12Earnings Dates & Reports: OracleGBP: Employment Change, Unemployment Rate (06:00)EUR: ZEW Economic Sentiment (09:00)USD: OPEC Monthly Report (11:00); WASDE Report, EIA Short-Term Energy Outlook (16:00); API Weekly Crude Oil Stock (20:30)Wed, 13GBP: GDP, Industrial Production, Trade Balance (+ Non-EU) (06:00)USD: IEA Monthly Report (08:00); CPI, Core CPI (12:30); Crude Oil Inventories (+Cushing) (14:30); Federal Budget Balance (18:00)Thu, 14Earnings Dates & Reports: AdobeAUD: Employment Change, Unemployment Rate (01:30)EUR: ECB Interest Rate Decision, Deposit Facility Rate (12:15)USD: Initial Jobless Claims, PPI, Retail Sales (12:30); ECB Press Conference (12:45); Fed's Balance Sheet (20:30)Fri, 15CNY: Industrial Production, Unemployment Rate, NBS Press Conference (02:00)EUR: Trade Balance (09:00); Lagarde Speaks (09:45); Eurogroup Meetings (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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