Global stock markets look set for another volatile week amid fears that higher interest rates will lead to economic problems. This week investors' attention should be focused on the Interest Rate Decisions from the Central Banks of the United States, Great Britain, Japan, Canada, Switzerland, and Norway. Elsewhere except Japan, interest rates are expected to rise by 0.5-0.75%. On Friday, the new Chancellor of the Exchequer, Kwasi Kwarteng, will make his first statement on how he plans to deliver on the new Prime Minister Liz Truss' promise to make Britain a low-tax economy, which risks stoking inflation. Also, on Friday, there will be a lot of data on business activity in different countries. During the week, inflation data in Canada, Japan, and Singapore will be released.
- – New Zealand RBNZ Gov Orr Speaks at 06:00 (GMT+3).
- – Japan National Core Consumer Price Index (m/m) at 02:30 (GMT+3);
- – Australia RBA Meeting Minutes (m/m) at 04:30 (GMT+3);
- – US Building Permits (m/m) at 15:30 (GMT+3);
- – Canada Consumer Price Index (m/m) at 15:30 (GMT+3);
- – Eurozone ECB President Lagarde Speaks (m/m) at 20:00 (GMT+3).
- – US Existing Home Sales (m/m) at 17:00 (GMT+3);
- – US Crude Oil Reserves (w/w) at 17:30 (GMT+3);
- – US Fed Interest Rate Decision at 21:00 (GMT+3);
- – US FOMC Statement at 21:00 (GMT+3);
- – US FOMC Economic Projections at 21:00 (GMT+3);
- – US FOMC Press Conference at 21:30 (GMT+3).
- – Japan BoJ Outlook Report (Tentative);
- – Japan BoJ Interest Rate Decision (Tentative);
- – Japan BoJ Press Conference at 09:30 (GMT+3);
- – Switzerland SNB Monetary Policy Statement at 10:30 (GMT+3);
- – Switzerland SNB Interest Rate Decision at 10:30 (GMT+3);
- – Norwegian Interest Rate Decision at 11:30 (GMT+3);
- – UK BoE Interest Rate Decision at 14:00 (GMT+3);
- – UK MPC Meeting Minutes at 14:00 (GMT+3);
- – US Initial Jobless Claims (w/w) at 15:30 (GMT+3);
- – US Natural Gas Storage (w/w) at 17:30 (GMT+3).
- – Australia Manufacturing PMI (m/m) at 02:00 (GMT+3);
- – Australia Services PMI (m/m) at 02:00 (GMT+3);
- – Singapore Consumer Price Index (m/m) at 08:00 (GMT+3);
- – Eurozone Spanish GDP (q/q) at 10:00 (GMT+3);
- – Eurozone France Manufacturing PMI (m/m) at 10:15 (GMT+3);
- – Eurozone France Services PMI (m/m) at 10:15 (GMT+3);
- – Eurozone German Manufacturing PMI (m/m) at 10:30 (GMT+3);
- – Eurozone German Services PMI (m/m) at 10:30 (GMT+3);
- – Eurozone Manufacturing PMI (m/m) at 11:00 (GMT+3);
- – Eurozone Services PMI (m/m) at 11:00 (GMT+3);
- – UK Manufacturing PMI (m/m) at 11:30 (GMT+3);
- – UK Services PMI (m/m) at 11:30 (GMT+3);
- – Canada Retail Sales (m/m) at 15:30 (GMT+3);
- – US Manufacturing PMI (m/m) at 16:45 (GMT+3);
- – US Services PMI (m/m) at 16:45 (GMT+3);
- – Switzerland SNB Chairman Jordan Speaks at 18:30 (GMT+3);
- – US Fed Chair Powell Speaks at 21:00 (GMT+3).
by 2022.09.19
, We advise you to get acquainted with the daily forecasts for the major currency pairs.This article reflects a personal opinion and should not be interpreted as an investment advice, and/or offer, and/or a persistent request for carrying out financial transactions, and/or a guarantee, and/or a forecast of future events.
Open Account