Post by account_disabled on Jan 16, 2024 22:57:58 GMT -6
Investors will be attentive this week to the economic figures that will show the degree of solidity of the economic recovery , both in Europe and the United States, without forgetting the development of the health crisis in the face of the new coronavirus outbreaks in Europe. The behavior of the markets will also be influenced by the outcome of the meetings between the US and Chinese delegations to discuss the trade disputes that will focus attention during the week, without forgetting the development of new drugs against the coronavirus.
Looking ahead to next week, the July data from the Eurozone Consumer Price Index on Wednesday, the number of unemployment benefit requests in the US on Thursday and the minutes of the last ECB meeting stand out, as well as the industrial production index in Germany for July, according to Joaquín Robles, XTB analyst. With our sights set, again, on Trump Also worrying is President Donald Trump's Whatsapp Number List decision to prohibit the use of certain Chinese applications by North American developments, such as Tik Tok, within 45 days, because he considers that they threaten national security, adds Robles. According to the Self Bank analysis team , the main data on the United States economy that will move the markets will be the July sales of both new construction and second-hand homes, and, as in the case of the Eurozone, the results Preliminary US Purchasing Managers' Indices (PMI) for August due on Friday.
In addition to these factors, the markets will be attentive to the Eurogroup meeting on Monday and the Ecofin meeting on Tuesday, as well as the figures for weekly crude oil reserves in the United States. On Wednesday, the focus will be on the Eurozone Consumer Price Index for July and the International Energy Agency's crude oil inventories, as well as the minutes of the latest US Federal Reserve meeting. On Thursday, the European Union's construction sector production index for June, weekly claims for unemployment benefits in the US, the minutes of the latest meeting of the European Central Bank and Germany's industrial production of July. On Friday, the manufacturing PMI index for the euro zone for August and also for the US will be released, as well as the statistics on consumer confidence for August for the euro zone.
Looking ahead to next week, the July data from the Eurozone Consumer Price Index on Wednesday, the number of unemployment benefit requests in the US on Thursday and the minutes of the last ECB meeting stand out, as well as the industrial production index in Germany for July, according to Joaquín Robles, XTB analyst. With our sights set, again, on Trump Also worrying is President Donald Trump's Whatsapp Number List decision to prohibit the use of certain Chinese applications by North American developments, such as Tik Tok, within 45 days, because he considers that they threaten national security, adds Robles. According to the Self Bank analysis team , the main data on the United States economy that will move the markets will be the July sales of both new construction and second-hand homes, and, as in the case of the Eurozone, the results Preliminary US Purchasing Managers' Indices (PMI) for August due on Friday.
In addition to these factors, the markets will be attentive to the Eurogroup meeting on Monday and the Ecofin meeting on Tuesday, as well as the figures for weekly crude oil reserves in the United States. On Wednesday, the focus will be on the Eurozone Consumer Price Index for July and the International Energy Agency's crude oil inventories, as well as the minutes of the latest US Federal Reserve meeting. On Thursday, the European Union's construction sector production index for June, weekly claims for unemployment benefits in the US, the minutes of the latest meeting of the European Central Bank and Germany's industrial production of July. On Friday, the manufacturing PMI index for the euro zone for August and also for the US will be released, as well as the statistics on consumer confidence for August for the euro zone.