Market Movers of the Week: ECB Meeting and Key Data Releases

Market Movers of the Week from July 15th to 19th

The week of July 15th to 19th is packed with key events that will likely influence the financial markets.
Investors are eagerly awaiting the European Central Bank meeting on July 18th, where interest rates are expected to remain unchanged.
In addition to this, significant data releases from major global economies will be closely watched.

What to Watch

One of the highlights of the week will be the ECB meeting on July 18th, with a focus on interest rate decisions and any policy announcements.
Market participants will also keep an eye on China’s GDP, as well as inflation figures from Italy, the United Kingdom, and the Eurozone.
Retail sales data will also provide insights into consumer spending trends.

Another key event to watch is the update of Germany’s ZEW Economic Sentiment Index, which will offer valuable insights into the economic outlook of Europe’s largest economy.

Weekly Overview

Monday, July 15th

Key events scheduled for Monday include:

• 04:00 CNY: China’s GDP
• 04:00 CNY: China’s Industrial Production
• 04:00 CNY: China’s Retail Sales
• 04:00 CNY: China’s Unemployment Rate
• 08:00 EUR: Germany’s Retail Sales
• 11:00 EUR: Eurozone Industrial Production

Tuesday, July 16th

On Tuesday, focus shifts to:

• 10:00 EUR: Italy’s CPI
• 11:00 EUR: Germany’s ZEW Economic Sentiment Index
• 11:00 EUR: Germany’s ZEW Survey on Economic Sentiment
• 11:00 EUR: Eurozone’s Trade Balance
• 11:00 EUR: Eurozone’s ZEW Economic Sentiment
• 14:30 USD: US Retail Sales

Wednesday, July 17th

Wednesday’s key releases include:

• 08:00 GBP: UK’s CPI
• 11:00 EUR: Eurozone’s CPI
• 15:15 USD: US Industrial Production

Thursday, July 18th

Thursday features important data such as:

• 08:00 GBP: UK’s Unemployment Rate
• 14:15 EUR: ECB Monetary Policy Statements
• 14:15 EUR: Eurozone Interest Rate Decision
• 14:30 USD: US Initial Jobless Claims
• 14:45 EUR: ECB Press Conference

Friday, July 19th

The week concludes with:

• 08:00 GBP: UK Retail Sales
• 08:00 EUR: Germany’s Producer Price Index