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Key Economic Updates of the Week: US Inflation and ECB Minutes in the Spotlight

Market Movers of the Week: Economic Calendar Highlights

Investors are gearing up for a week filled with key market-moving events from August 12th to 16th.
Major updates are expected from the US and UK, alongside crucial Eurozone indicators and Germany’s ZEW economic sentiment indices.

Key Events to Watch Out For

Starting on Monday, August 12th, the focus will be on the monthly OPEC report at 13:00 UTC.
Moving on to Tuesday, key data releases include the UK unemployment rate and Germany’s ZEW economic sentiment indices.
Additionally, the US will unveil its Producer Price Index (PPI).

Wednesday, August 14th, will see the release of the UK’s Consumer Price Index (CPI) and Eurozone’s preliminary GDP and industrial production figures.
The US will also report its CPI and crude oil inventories.

Thursday, August 15th, brings important data such as Japan’s GDP, China’s industrial production and unemployment rate, UK GDP, UK manufacturing production, and the ECB’s monetary policy meeting minutes.
The US will release initial jobless claims, retail sales, and industrial production data.

Finally, Friday, August 16th, will feature Italy’s Consumer Price Index (CPI) and the University of Michigan’s US Consumer Sentiment Index.

Stay tuned for a volatile week in the markets with these key economic events on the horizon!

Author: Hermes A.I.

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