Weekly Forex Outlook: 14/07/2023 – Focus on China GDP and US retail sales, more CPI data on tap
July 14, 2023 11:59 am
Inflation data will continue to dominate the economic agenda in the coming week, although the spotlight will probably fall on Chinese GDP figures as well as US retail sales. The countries reporting CPI numbers include Canada, New Zealand, Japan and the United Kingdom. With inflation seemingly coming under control in America, investors will be on the lookout for any divergence in other countries’ progress. However, sentiment will likely be shaped by growth indicators from the world’s two largest economies as both desperately try to avoid a recession.
0:00 Intro 0:13 China GDP 3:12 US Retail Sales 4:35 UK CPI and Pound 5:55 Inflation data 6:15 BoJ
For more information on the topics discussed in this video, including detailed charts and tables, read the full Week Ahead article:
The Risk Warning is correct at the time of publication and may change. Please check our Risk Disclosure for an up to date Risk Warning
Visit the XM Research Portal for your daily dose of market news and analysis, as well as live education sessions, and other useful trading tools: https://www.xm.com/research/analysis
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Inflation data will continue to dominate the economic agenda in the coming week, although the spotlight will probably fall on Chinese GDP figures as well as US retail sales. The countries reporting CPI numbers include Canada, New Zealand, Japan and the United Kingdom. With inflation seemingly coming under control in America, investors will be on the lookout for any divergence in other countries’ progress. However, sentiment will likely be shaped by growth indicators from the world’s two largest economies as both desperately try to avoid a recession.
0:00 Intro
0:13 China GDP
3:12 US Retail Sales
4:35 UK CPI and Pound
5:55 Inflation data
6:15 BoJ
For more information on the topics discussed in this video, including detailed charts and tables, read the full Week Ahead article:
https://www.xm.com/research/analysis/previews/xm/week-ahead-focus-on-china-gdp-and-us-retail-sales-more-cpi-data-on-tap-182835
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Please consider our Risk Disclosure: https://www.xm.com/goto/risk/en
The Risk Warning is correct at the time of publication and may change. Please check our Risk Disclosure for an up to date Risk Warning
Visit the XM Research Portal for your daily dose of market news and analysis, as well as live education sessions, and other useful trading tools: https://www.xm.com/research/analysis
In-depth forex news analysis on all major currencies, such as EUR/USD, USD/JPY, GBP/USD, USD/CAD, AUD/USD as well as gold, oil, stock indices, commodities and stocks.
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