Reply to thread

Message: [QUOTE="Vistabrokers, post: 86502, member: 32993"] [b]Market Pulse 07/16[/b] [img]http://www.hostpic.org/images/1506231053470095.jpg[/img] Today, the European Central Bank will announce a decision on the key interest rate, followed by a traditional Mario Draghi press conference, from which market participants can receive interesting information, as well as signals for further ECB actions. Vista Brokers analysts note that during the US session fresh data on the US labor market be published. 1:00 ** MI Inflation Expectations - July (Australia) 1:30 ** NAB Quarterly Business Confidence - Q2 (Australia) Moderate impact on the market (AUD). Australian MI inflation expectations index is often higher than the official data, but it is a good indicator of the assessment of current households attitudes in relation to inflation. High values can be a signal to tighten policy, supporting the currency. 5:00 ** Bank of Japan Monthly Report - July (Japan) Moderate impact on the market (JPY). The BOJ monthly report consists a fairly concise description of main indicators and the global economy that is taken into account by the monetary committee when deciding on the rate. The report helps to understand further policy of the Bank of Japan. Words about readiness to act in order to support the economy may put pressure on the yen. 9:00 ** Final Consumer Price Index - June (euro zone) 9:00 ** Core CPI - June (euro zone) 11:45 *** ECB Interest Rate Decision - July (euro zone) 11:45 ** Deposit Facility Rate - July (euro zone) 11:45 ** Marginal lending facility - July (euro zone) 12:30 *** ECB Press Conference - July (euro zone) Strong impact on the market (EUR). The market does not wait for changes in interest rates by the ECB, but in the course of the press conference can be interesting comments that could be interpreted as signals to changes in the strategy of the European Central Bank in the future. Therefore, investors will be attentive to the words of Draghi. 12:30 *** Unemployment Claims - July (USA) 12:30 ** Continuing Claims - July (USA) 14:00 *** Federal Reserve Chair Janet Yellen Testifies - July (USA) 14:00 *** Philly Fed Manufacturing Index - July (USA) 14:00 ** NAHB Housing Market Index - July (USA) Strong impact on the market (USD). Another portion of statistics from the US market may tense markets. Special attention is necessary to listen to the Janet Yellen's speech. She speaks ahead of the Congress the second consecutive day. As for other data, forecasts are generally optimistic, in addition to the expected decline in the index of the Philadelphia Fed. While there is always the possibility that the statistics will present surprises. 18:00 *** BOE Governor Mark Carney Speaks - July (UK) Strong impact on the market (GPB). Previous performance of the BOE head has caused the rally of the pound, as the signal was given that the interest rate can be increased. Fresh Carney comments can strengthen confidence in the fact that the Bank of England is next in line after the Fed. [/QUOTE]

Verification

Top Bottom