Operators will have their eyes glued to the United States this Wednesday, for the publication of the Fed’s Beige Book and Apple’s back-to-school keynote, which must notably lift the veil on its new iPhone 14.
A few more statistics to wait for the Beige Book of the Fed and Apple | Photo credits: Istock
This Wednesday is not devoid of appointments, but the most important are scheduled after the close of European markets. It is indeed in the evening, at 8 p.m., that the American Federal Reserve publishes its beige bookpreparatory document for the long-awaited monetary policy decision of 21 September.
” The US economy is giving mixed signalsjudged the firm Oddo BHF in its note at the start of the week, residential construction is in disarray but the labor market is overheating. No wonder Jerome Powell has his eye on the ‘all data’. The Beige Book is the most exhaustive synthesis of the conditions of activity at the end of the summer. » For the moment, the tool developed by the CME based on futures contracts on Fed-funds gives a 64% probability of a 75 basis point hike in key rates at this next FOMC meeting.
Apple, key announcements?
It is also in the early evening thatApple will hold its keynote back to school, during which the Cupertino group must unveil its new iPhone 14, or rather four models available according to their size and their Pro version. Three Series 8 Apple Watches are also expected. If the design is not supposed to be modified, they would benefit from a new temperature sensor and an Apple S8 chip. To follow finally the new AirPods Pro 2, intended to replace the Pro model, yet very popular with users.
Among the statistical appointments of the day, we note the industrial production of July in Germany, the GDP and theuse of the second quarter in the euro zone, the news INSEE forecasts in France and the trade deficit July American.
On the business side, Altamir, ESI-Group, Backgammon Metals, Samse Group, Baverez Hotels, Neurons, Sogeclair and Transgene unveil their half-year results, Damartex the accounts for its 2021-2022 financial year and Boiron its turnover for the first half.