Key international financial events this week include: the minutes of the July monetary policy meeting of the US Federal Reserve (Fed), Wal-Mart and other retailers announced last quarter earnings, Japan, the United Kingdom andEURThe region will release consumer price index (CPI) and gross domestic product (GDP) data one after another, and China will also release a series of economic status reports.
This week’s trading notes (0814-0818)
1. Fed meeting minutes, policymakers talk
The Fed will announce the minutes of the July monetary policy meeting on Thursday (17th) Taiwan time. The Fed announced a 1 yard (25 basis points) rate hike in the last meeting, but since then, the July non-agricultural employment data and CPI report It failed to significantly change the market’s pricing of the Fed’s interest rate outlook.
Markets still see a slightly above 20 percent chance the Fed will raise policy rates again this year, according to CME Group’s FedWatch Tool. Retail sales figures are also unlikely to move markets unless the latest meeting minutes show policymakers delivering a major hawkish or dovish surprise.
It is also worth noting that Kashkari, president of the Federal Reserve Bank of Minneapolis, who has voting rights on the Federal Open Market Committee (FOMC) this year, will speak on Tuesday (15th), when the outside world will pay attention to the hawkish Sending officials will give clues on the path of interest rates.
2. US retailer financial reports
Several heavyweight retailers in the United States will announce their last quarter earnings this week, including Wal-Mart (WMT-US),The Home Depot (HD-US) and Target (TGT-US). As the second quarter earnings report draws to a close, US stocks may be affected if corporate profits in the next or even the second half of the year are not enough to match the current stock price.
Another company that announced its financial report this week is Cisco (CSCO-US), materials (AMAT-US), agricultural machinery supplier John Deere (FROM US), Chinese electric car maker Xpeng Motors (XPEV-US) and Chinese e-commerce JD.com (JD-US)。
3. Japan, UK, Canada andEURDistrict CPI
Japan, UK, Canada andEURThe region will announce a number of important economic data this week. In addition to the latest CPI report, Japan andEURThe district is due to release its second-quarter economic growth report, which was revised.
China will also announce a lot of economic data this week. The annual rate of industrial added value above designated size in July may drop slightly from a month ago to 4.3%; retail sales are expected to grow from 3.1% to 4.0%; fixed asset investment is expected to be It held steady at 3.8%.
2023-08-13 13:50:02
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