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Hong Kong Unrests; UK Employment and US CPIs

JFD

Yesterday’s day was not an eventful one economic data wise, but certainly it was an active one in regard to the political developments, which had their negative effect on the market. Today, we will get employment and inflation data from the UK and the US, respectively, which could give us an indication of how the economies of the two countries are currently performing.

Hong Kong Protests and Argentina’s Fernandez

Although yesterday, the economic calendar did not have any meaningful events on it, the world was taken hostage by various geopolitical shocks. On Monday, all eyes were on the Hong Kong protesters, who managed to disrupt all the operations in the Hong Kong airport. Flights were cancelled, causing for thousands of passengers’ delays in their travels. The protesters are trying to attract more international attention to the problems they are facing. According to some reports, these activists are fighting for a better standard of life, as the economic inequality has widened drastically in recent years. Also, Hong Kong always saw itself as an independent state and still wants to...

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JFD Review

Source: https://www.jfdbank.com/en/research/hong-kong-unrests-uk-employment-and-us-cpis-20190813
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