5 Things to Watch This Week

22.08.2016 / 09:22

Rating:

In the week ahead, market players will be turning their attention to a highly anticipated speech by Federal Reserve Chair Janet Yellen for fresh clues on the timing of the next U.S. rate hike.

1. Yellen speaks at Jackson Hole
The highlight will be when Fed Chair Yellen takes the stage on Friday. Speculation is rife that she will use the speech to start the race for a rate hike as soon as September following a recent barrage of hawkish Fed speakers.

2. Revised U.S. second quarter growth
The U.S. is to release revised figures on second quarter economic growth at 8:30AM ET (12:30GMT) Friday. The data is expected to show that the economy expanded by 1.1% in the April-June period, downwardly revised from a preliminary estimate of 1.2%.

3. U.K. Q2 GDP - second estimate
The Office for National Statistics is to produce a second estimate on U.K. economic growth for the April-to-June quarter at 08:30GMT (4:30AM ET) on Friday. The report is forecast to confirm the economy grew 0.6% in the three months ended June 30, unchanged from a preliminary reading.

4. Flash euro zone PMIs for August
The euro zone is to publish preliminary data on manufacturing and service sector activity for August at 08:00GMT (4:00AM ET) on Tuesday, amid expectations for a modest decline.

5. July Japanese inflation data
Japan's Statistics Bureau will publish July inflation figures at 23:30GMT Thursday (7:30PM ET). Market analysts expect the headline figure to remain negative, falling 0.4% year-on-year, which would be the eighth straight month of declines.
The country has been struggling to hit its 2% consumer price target, maintaining pressure on policymakers to support the world's third largest economy.

Varchev Traders

Read more:

RECCOMEND WAS THIS POST USEFUL FOR YOU?
If you think, we can improve that section,
please comment. Your oppinion is imortant for us.

WARNING: Any news, opinions, research, data or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. Varchev Finance Ltd. expressly disclaims any liability for any lost principal or profits which may arise directly or indirectly from the use of or reliance on such information. Varchev Finance Ltd. may provide information, quotes, references and links to or from other sites and blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the sites, blogs or other sources of information.

Varchev Finance

Varchev Finance Ltd is registered in the FCA (FINANCIAL CONDUCT AUTHORITY) with a passport in the United Kingdom: FCA, United Kingdom - registration number: 494 045, which allows provision of financial services in the United Kingdom.

Varchev Finance Ltd strictly comply with the statutes of the European directive MiFID (Markets in Financial Instruments). targeting increased efficiency, transparency and uniformity of financial instruments.
Varchev Finance Ltd is authorized and regulated by the Financial Supervision Commission - Sofia, Bulgaria: License number RG-03-02-05 / 15.03.2006

The information on this site is not intended for distribution or use by any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

Disclaimer:

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63,41% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

5 Things to Watch This Week

London

Universal numbers