Time change: the United States has not yet switched to standard time, it will be next weekend. The time difference will only be 5 hours.
Inflation in the euro zone: a significant slowdown is expected. The figure should increase from +4% to +3.2% which should help the ECB.
Eurozone GDP: is this the start of the recession? Economists expect zero growth. A contraction in German GDP is anticipated. The purchasing managers’ indices are already in decline.
The Fed meeting: Jerome Powell has already warned us that the status quo would be the most likely scenario, anticipated by more than 99% of analysts. The American economy still remains resilient.
The Bank of England meeting: the surprise could come more from the BoE than the Fed. Last time, the key rate remained unchanged, after 14 consecutive increases. This should still be the case this time. A further increase is nevertheless expected by the end of the year.
The American employment report: a slowdown in job creation is anticipated, but the figure should remain respectable: 180,000 compared to 336,000 the previous month.
by Philippe Lhermie, trader, trainer at https://www.traderchange.com/ former chief forex trader of a central bank Copyright (c) 2023 TV Finance https://www.tvfmedia.fr
Did you like this article ? Share it with your friends using the buttons below.
