Category Archives: Weekly Outlook
Upcoming Data Releases Are Expected To Provide Insights Into The US Job Market
Written on September 7, 2023 at 9:22 am, by puprimedev
The Week Ahead: Week of 3 July (GMT+3) Monday, 3 July, 17:00 – US ISM Manufacturing PMI (Jun) The manufacturing Purchasing Managers’ Index (PMI) in the United States has remained below the threshold of 50 for the sixth consecutive month, signalling contraction in the sector. The latest reading recorded a decline to 46.9 from theContinue Reading
Awaiting The RBNZ And BoC Interest Rate Decisions
Written on September 7, 2023 at 9:21 am, by puprimedev
The Week Ahead: Week of 10 July (GMT+3) Tuesday, 11 July, 09:00 – EU German CPI (MoM) (Jun) The June preliminary release of the Consumer Price Index (CPI) in Germany increased by 0.3% compared to the previous month. This persistent rise indicates that the country still has a significant challenge ahead in combating inflation. Wednesday,Continue Reading
The US Housing Market Will Be In Focus In The Upcoming Week
Written on September 7, 2023 at 9:20 am, by puprimedev
The Week Ahead: Week of 17 July (GMT+3) Tuesday, 18 July, 15:30 – US Retail Sales (MoM) (Jun) Contrary to market expectations of a -0.1% rate, May’s US Retail Sales exceeded forecast expectations with a rate of 0.3%. This indicates that consumer spending remains resilient, even in the face of rising inflation and interest rates.Continue Reading
