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.
On Tuesday, August 11th, Bitcoin price is slightly correcting but strategically looking “as fresh as paint” and ready to conquer new highs. At the moment, the major cryptoasset is mostly trading at $11,763.
The USA reported on the labor market, which means it’s high time to expect new data from other, equally important global economies.
The end of July turned out to be extremely volatile for capital markets. August is traditionally considered a troublesome and unpredictable month for finance and assets; nonetheless, the beginning of the month may let us pause and make our thoughts clear.
The new week of July will be full of statistics, news from global Central Banks and, perhaps, fresh OPEC+ information. Miss volatility? It seems to be at the door.
Another week of July is already here, and the expectations are neutral. It offers statistics – but not fatal, actions of Central banks – but predictable, and news – but pretty stable. It is high time to breathe out and relax a bit unless the news flow brings up something unexpected.