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The Eurozone CPI and the US unemployment rate will set the pace in the markets

Date: April 15, 2024 Time: 18:56:53

After the hangover from Jackson Hole, the markets will face next week with the focus on the publication of the preliminary inflation for August in the countries of the euro area. In addition, the interest of investors will be set on the US unemployment rate for that month.

Tomorrow and Tuesday will be sessions without relevant macroeconomic data in Europe for the markets, which will pay attention on Wednesday to the advance inflation publications for August from Germany and Spain.

On Thursday, more consumer price indices (CPI) of the same characteristics will be released in other euro area countries, such as France, Portugal and Italy, where the July unemployment rate for that currency area will also be released. Europe will end the week and start September with the publication on Friday of the gross domestic product (GDP) of Italy.

USA earrings

In the United States, the agenda during the week will be more extensive and will begin on Tuesday with the consumer confidence index for August, after a Monday of little relevant macroeconomic activity for investors. On Wednesday it will be the turn of this month’s private employment survey (ADP) and the second revision of the country’s GDP for the second quarter.

Thursday’s session in the US will be marked by the personal consumption spending price index for August, known as the PCE deflator, which the US Federal Reserve takes as a reference over the CPI to make monetary policy decisions.

The agenda for investors in the United States on Friday will revolve around the unemployment rate for August, although on that day the non-agricultural job creation index will also be published in that country, the report on average hourly wages and the ISM indicator of manufacturer activity.

asian markets

In Asia, the markets will be watching the Japanese unemployment rate for July on Tuesday and the Japanese retail sales for that month on Thursday and the Chinese PMI indices for August (the Chinese PMIs produced by Caixin will be released on Friday). .

* This website provides news content gathered from various internet sources. It is crucial to understand that we are not responsible for the accuracy, completeness, or reliability of the information presented Read More

Puck Henry
Puck Henry
Puck Henry is an editor for ePrimefeed covering all types of news.
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