17th September 2018 - 21st September 2018
This week will begin lightly in terms of High-tier data and focus of this week will be on ECB Mario Draghi’s Speech to be held on Wednesday Late Session. EUR Consumer Price Index is a key indicator on the Inflationary outlook and the purchasing trends of European Region. It will be another quiet day for the Foreign Currency Markets and majorly Political & Trade Tensions could move the market on these days. Australia will release their Meeting Minutes of Reserve Bank of Australia and its economic projections for the quarter to come. Wednesday will kick off the High-tier Economic Data and the first important report will come from Bank of Japan on its Interest Rate Decisions & Monetary Policy statement. During Mid-Day Market will expect GBP Consumer Price Index to indicate the Current inflationary & purchasing trends of UK Market. Finally to conclude and the highlight of this week will be the speech given by Mario Draghi from European Central Bank. Thursday will be quite a busy with EU Leaders summit which will be a key cue for the Investors Globally on the Economic Outlook & their Future strategies in order to sustain a Stronger Economy. To conclude the day we United States will release their Initial Jobless Claims & Existing Home Sales both of which will be indicating on their current trends and this could define the strength of the dollar or the direction of their Economy. Finally to conclude the week Euro Zone will release their Markit Composite & PMI Figures which will be a key indicator on their Business Conditions & overall economic conditions in the Euro Zone. United Kingdom will release their Public Sector Net Borrowing reports on Friday Mid-Day which will be closely monitored to identify their Financial Deficit in their National Accounts currently against the previous report.Monday
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