The Intervention of the President of the Federal ReserveJerome Powell, in the Annual Central Banqueros Meeting at Jackson Holeit will be the most relevant reference that investors will have in the Week between August 18 and 22.
According to some analysts, the president of the monetary agency could take advantage of this meeting to cool the expectations of a type cut in Septemberdespite the weakening of the economy and employment in the US, and the political pressure, with the Donald Trump's shadow very present.
Likewise, special relevance will have the European IPCthe PMI economic activity data that are published on both sides of the Atlantic, the German GDPand the Proceedings of the last meeting of the Federal Reserve. Meanwhile, in the Asia-Pacific region, the prominence will fall on the Preferential loan rate of Banco Popular de China and on the Japan CPI.
Finally, in business, the focus will revolve around the Results of great American retailers, such as Walmart or Target.
We detailed, then, all these appointments: Monday, August 18: – Commercial balance June Spain, Eurozone. – Results Palo Alto Networks. Tuesday, August 19: – Balance on the present account June Eurozone. – Housing initiated Julio United States. – Construction licenses Julio Preliminar United States. – Results Medtronic, Home Depot. Wednesday, August 20: – Decision on Bank of the New Zealand Reserve. – Julio Japan trade balance. – Preferential loan rate of Banco Popular de China.
– IPC Eurozone, United Kingdom.
– Julio Germany production price index. – Weekly inventories of raw and distilled AIE. – Weekly requests from the United States mortgages. – Proceedings of the last meeting of the Federal Reserve.
– Target results, Estée Lauder, Lowe's, TJX. Thursday, August 21: – PMI compound preliminary Japan, Eurozone, United Kingdom, United States.
– EUROZONA PRELIMINARY AUGUST TRUST. – Weekly applications for unemployment United States. – The United States Philadelphia Fed Survey. – Second -hand housing sales Julio United States. – Aegon results, Walmart, Workday, Zoom Communications, Ross Stores. Friday, August 22: – IPC Julio Japan.
– GDP Second Final Quarter Germany.
– Intervention by the president of the Fed, Jerome Powell, at the Jackson Hole meeting.
– Retail Sales Julio United Kingdom.