The financial markets are awaiting U.S. inflation data this week!

The financial markets are awaiting U.S. inflation data this week!
بيانات اقتصادية مرتقبة بسوق العملات

Financial markets are anticipating the release of important economic data this week, which is expected to help determine trends in major currencies, including the US dollar and the British pound.

This data will also impact commodity movements, such as crude oil and gold, as well as cryptocurrency and US stock markets.

Here’s a look at the most important upcoming data this week:

Tuesday, January 14

US Producer Price Index Data: It will be released on Tuesday at 1:30 PM GMT, with expectations that the Producer Price Index will grow by 0.2% and the Core Producer Price Index by 0.4%. If the data comes in better than expected, it may positively affect movements in the US dollar, and vice versa.

Wednesday, January 15

UK Inflation Data: It will be released at 7:00 AM GMT, with forecasts indicating that inflation will stabilize at 2.6%. A higher than expected reading may support the British pound by strengthening the case for a longer tightening monetary policy. Conversely, data below expectations may lead to a decline in the pound.

US Inflation Data: The US inflation report will be released at 1:30 PM GMT. Inflation data is one of the key indicators relied upon by the US Federal Reserve for monetary policy decisions, with forecasts indicating that inflation may rise to 2.9% for December. Therefore, any reading higher than expected may strengthen the US dollar, while data lower than expectations may weaken it and cause its index to decline.

Thursday, January 16

Australian Employment Data: It will be announced at 12:30 AM GMT. Expectations suggest that unemployment will rise to 4.0% with the addition of 15,000 new jobs. Positive results may support the Australian dollar, while negative results could strengthen expectations for interest rate cuts, putting pressure on the currency.

These indicators set to be released this week will be crucial in shaping the monetary policies of major central banks, especially the US Federal Reserve. They will also have a significant impact on currency trading movements, commodity prices, stock markets, and cryptocurrencies, requiring careful monitoring of market movements in the coming days.

Read also:

The International Monetary Fund expects global growth to stabilize and inflation to decrease!

Goldman Sachs predicts rising inflation during the Trump era!

Fed member Collins: Inflation may exceed expectations in 2025


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