The Week Ahead: September 13-17, 2021
This week will provide valuable data for the market on inflation. After growing uncertainty following the publiion of employment data, central banks face another factor of concern as rising price levels can significantly influence monetary policy decisions.
Monday
The week starts with few references in terms of economic figures. The evolution of producer prices in Japan and the Bank of Australia governor's vision represent the most significant events. After leaving the monetary policy unchanged at the recent meeting, the tone of Mr. Philip Lowe could affect the Aussie.
Tuesday
The North American CPIs are expected in the afternoon. They can be a litmus test for the US dollar and US treasury bonds without ruling out a potential impact on indices like Dow Jones or the NASDAQ. A high number could re-awaken tapering expectations for the next Fed meeting.
Wednesday
Like the United States and Europe, industrial production in China, the world's most significant economic power, is undoubtedly a reference figure to assess the global economic growth rate. A busy day for the foreign exchange market and stock indices as inflation data is expected from the United Kingdom and Canada.
Thursday
Retail sales figures and the Philadephia Index in the United States have always been considered significant market drivers. If you're trading or planning to open positions on Dow Jones, you should be aware of these indiors as they might affect it, given its composition with most cyclical stocks.
Friday
The European CPI becomes even more critical given the ECB's concern about inflation levels. The Euro and all its crosses could be volatile if the figure differs from the expectations. The Michigan consumer sentiment index, a volatile data that traders widely follow, will undoubtedly play a significant role at the end of the week.
The volatile nature of the financial markets may cause a change in the scheduling, and/or the forecasts for economic events, indiors, earnings reports. Due to external factors which are beyond reach, CAPEX.com cannot be held accountable for any losses incurred due to complete or partial reliance on this calendar.
Calendar Sources: investing.com, fxstreet.com