USD: Speeches of Federal Reserve officials

USD: Speeches of Federal Reserve officials

Michelle Bowman, the governor of the US Federal Reserve, is scheduled to deliver a speech on Monday. If the regulator's representative suggests potential increases in monetary issuance, this could reinforce inflation. On the same day, Patrick Harker, the president of the Federal Reserve Bank of Philadelphia, will also deliver a speech.

GBP: GDP data

GBP: GDP data

Huw Pill, a member of the Bank of England’s Monetary Policy Committee, is expected to give a speech on Monday. Preliminary GDP data for Q2 2023 and final GDP values for July will be provided by the end of the week.

Want to trade with the best conditions?

Open a Prime account and enjoy fast execution, low commissions, and spreads from 0 pips

prime-account
Open Prime Account
prime-account

China: trade balance

China: trade balance

China’s trade balance for July will be published on Tuesday. The indicator is projected to decrease to 479 billion yuan, down from 491 billion yuan in June. The CPI for July will be released on Wednesday, with the current forecast at −0,5%.

JPY: average wages and balance of payments

JPY: average wages and balance of payments

Japan is to release information on average wages for May. The balance of payment statistics for July will be published on Tuesday. The indicator is expected to reach 2.24 trillion yen, while the June figure was 1.70 trillion yen.

Brent: prices continue to rise

Brent: prices continue to rise

The oil market remains constrained by a supply shortage that is pushing Brent oil prices higher. The upward movement in prices has persisted for six consecutive weeks, and it is anticipated to carry on throughout the week.

See also:  EUR/USD A Pivotal Day: Overview for January 31, 2024

Open Trading Account