Weekly market movers: Fed and ECB absolute protagonists

Money.it

24 July 2023 - 12:33

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Weekly market movers from July 24th to 28th: Fed, ECB, and Bank of Japan meetings in the foreground, as well as many important data on world powers’ economies.

Weekly market movers: Fed and ECB absolute protagonists

Weekly market movers from July 24th to 28th: packed calendar, with Fed and ECB meetings dominating the global economic scene.

There is much anticipation for the decisions of the Federal Reserve and the European Central Bank on interest rates and inflation forecasts.

Meanwhile, the Economic Calendar will also reveal the preliminary PMIs of the main European economies, the preliminary GDP of the USA, and key confidence and inflation indicators for Germany.

Below are all the market movers from July 24th to 28th in detail. The time is set on the +0 Greenwich Meridian.

Market mover Monday July 24th

  • 08:30, EUR: Germany Preliminary Manufacturing, Composite & Services PMI
  • 09:00, EUR: Eurozone Preliminary Manufacturing PMI, Composite, Services
  • 09:30, GBP: UK Preliminary Composite PMI, Services, Manufacturing
  • 14:45, USD: US Preliminary Manufacturing Purchasing Managers Index
  • 14:45, USD: US Preliminary Services Purchasing Managers Index

Market mover Tuesday 25th July

  • 09:00, EUR: IFO Business Confidence Index for Germany
  • 15:00, USD: US Consumer Confidence Report

Market mover Wednesday July 26th

  • 13:00, USD: US building permits issued
  • 15:30, USD: US crude oil inventories
  • 19:00, USD: US FED Funds Interest Rate Decision
  • 19:30, USD: US FOMC press conference

Market mover Thursday 27 July

  • 09:00, EUR: Confidence level of Italian companies
  • 09:00, EUR: Consumer Confidence Index Italy
  • 13:15, EUR: ECB Eurozone interest rate decision
  • 13:30, USD: US preliminary (Quarterly) (2nd quarter) GDP
  • 13:30, USD: Initial US Unemployment Claims
  • 13:45, EUR: ECB Eurozone Press Conference

Market mover Friday 28 July

  • 04:00, JPY: Japan interest rate decision
  • 09:00, EUR: IPP Italy
  • 10:00, EUR: Industrial Sales Italy
  • 13:00, EUR: Preliminary CPI in Germany
  • 13:30, USD: Index of main US consumer spending prices

Original article published on Money.it Italy 2023-07-23 12:50:00. Original title: Market mover della settimana: Fed e Bce protagoniste assolute

Argomenti

# ECB
# PMI
# GDP

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