In the new week of October, capital markets will keep an eye on the election race in the USA and will pay attention to the decision of the Russian CB on the interest rate.
Tag: a week in the market
The new week of October promises to be interesting: it features statistics, the monthly oil market OPEC report, and the US presidential election campaign. This autumn can be called anything but boring.
Hypothetically, the new week of October must be calmer than the previous one: nothing threatens Donald Trump, the US employment statistics have already been published, and capital markets in the world are stabilizing. However, there will still be issues to pay attention to.
The first month of autumn-2020 is nearly over, and it only confirms the uniqueness and unpredictability of this year. The market is gradually focusing on the US policy statistics, though the coronavirus remains a mighty depressing factor that corrects market fluctuations.
It seems we have already heard the brightest and most effective news of September – both from the macroeconomic calendar and the leading Central banks. However, this does not mean that we will get bored this week.
This week belongs to Central banks – almost every day capital markets will take a look at some of the key regulators and consider its decisions about credit and monetary policy. No steep turns are expected – time has not come for those – but volatility promises to be high.
The new week of September will bring in tow decisions on the interest rates from the Banks of England and Canada, as well as a flow of important macroeconomic reports. At the beginning of the week, investors will have a chance to have a rest from raging market volatility but later on, they will have to put themselves together not to miss the most interesting things.
The beginning of a new month is traditionally the time for a flow of statistics and news. The digits from the USA and the data from Asia are of great importance. You will never get bored this week.
The beginning of this week of August is calm and extremely quiet: nothing new on the macroeconomic calendar, the news flow is smooth. However, the information is going to become more and more topical, while the rates of currencies and assets will fluctuate more actively.
Another week of August will offer a lot of statistics from Europe, the USA, and the United Kingdom, as well as plenty of doubts and enthusiasm about the outlook for oil demand. All this will be interesting, to say the least.