16th September - 20th September 2019
CNY Retail Sales released measures the total receipts of the retailed consumer goods. It is an important indicator to study the changes in the Chinese retail market and reflecting the degree of economic prosperity. Followed by Industrial Production which illustrates the surge in output is regarded as inflationary which would prompt the People’s Bank of China would tighten monetary policy and fiscal policy risk. Today will be a quiet day for the Currency Markets with only Germany ZEW Economic Sentiment published which measures the institutional investor sentiment, reflecting the difference between the share of investors that are optimistic and the share of analysts that are pessimistic. UK Consumer Price Index released is a measure of price movements by the comparison between the retail prices of a representative shopping basket of goods and services. The purchase power of GBP is dragged down by inflation. The CPI is a key indicator to measure inflation and changes in purchasing trends. Followed by Euro giving out their CPI Index which will be key indicator with the country’s current turmoil going on and about Brexit. Finally the most awaited Data and report for the week will be US FOMC Minutes & their rate cut decisions which could boost the Dollar. Firstly UK will release their Interest Rate Decision & Bank of England Minutes which will be key indicator on the current Economic conditions of UK and their future projections for the Next Quarter. Finally to conclude the day US will release their Initial Jobless Claims report which provides a measure of strength in the labor market. A larger than expected number indicates weakness in this market which influences the strength and direction of the US economy Finally to conclude the week Japan will release their National Consumer Price Index, CPI is the most significant way to measure changes in purchasing trends. The purchase power of JPY is dragged down by inflation. Canada will also release their Retail Sales Report is often taken as an indicator of consumer confidence. It shows the performance of the retail sector in the short term.Monday
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