This week, the economic calendar includes the minutes from the latest RBA, Fed and ECB policy meetings. Market attention is also likely to fall on the new round of the US-China trade talks, as well as the Jackson Hole Economic Symposium.
On Monday, we have no major events or indicators scheduled on the economic agenda.
On Tuesday, during the Asian morning, we get the minutes from the latest RBA policy gathering. The RBA has kept interest rates unchanged since August 2016, and its latest meetings have proven non-events, with the Aussie staying unfazed at the announcements. At the latest gathering, the Bank made some minor changes in the accompanying statement, but that was not enough to move the Aussie. What’s more, in the quarterly Statement on Monetary Policy that was published a couple of days after the meeting, it was noted that...
On Wednesday, we get the minutes of the latest FOMC monetary policy meeting. At that meeting, the Committee decided to keep interest rates unchanged as was widely anticipated, while it made a...
The market reaction was muted back then as the outcome was largely expected. The Committee stood pat but kept the door wide open for two more hikes by the end of the year. According to the Fed funds futures, the market implies a...
Read the full financial markets weekly outlook on JFD Research.