一周行情展望:10月08日到10月12日
The base level determines the euro dollar, and the technical side determines the Australian dollar. From a fundamental point of view, the euro and the pound will receive attention. As the world's second largest currency, the euro is relatively lacking in economic data, and the system instability introduced by Italy is more important. The Italian populist government violated the EU's fiscal regulations and announced that it would set the fiscal deficit at 2.4% of GDP. We will see the EU's response to the Italian budget next week.
In terms of the pound, Brexit will continue to be the dominant factor. The sterling's breakthrough in the past week was mainly due to the positive comments of British and EU officials on the Brexit negotiations. The EU said on Friday that it is considering providing a "super" free trade agreement for the UK. A more likely prospect is that the situation becomes clearer rather than collapsed. From a technical point of view, the Australian dollar and the New Zealand dollar will receive attention. The former is in a two-year low and the latter is in a three-year low. Both will continue to fall, but investors should also be aware of the potential for their rebound.
The price of the gold price is back and forth. It is the key to hedging against inflation. McKay said that next week, investors should pay close attention to inflation data. The September CPI will be announced on Thursday. The market generally expects inflation to grow at a rate of 2% per month. The annual rate is expected to be 2.4%.
Fed officials also plan to deliver a series of speeches, including Chicago Fed President Evans, New York Fed President Williams and Atlanta Fed President Bostik.
Monday, October 08
After China and the United States agreed, US Secretary of State Pompeo will visit China on October 8.
St. Louis Fed President James Bullard spoke on the overall impact of US monetary policy development, interest rate prospects and fiscal policy on the economy.
Tuesday, October 9
The Bank of England Financial Policy Committee issued a report.
Dallas Fed President Robert Steven Kaplan spoke before the New York Economic Club's breakfast.
Philadelphia Fed President Patrick Harker speaks at the Global Cooperation Center.
Chicago Fed President Charles Evans made an opening speech at an event.
Bank of England Deputy Governor Ben Broadbent testified in Parliament.
Wednesday, October 10
Philadelphia Fed President Patrick Harker spoke at the Global Cooperation Center event on "The Importance of Higher Education to the US Economy."
UK monthly monthly GDP rate in August
The FOMC Permanent Voter and New York Fed President John Williams spoke at the Central Bank Forum jointly organized by the Federal Reserve Bank of New York and the Bank of Indonesia on "The Recent Development of US Monetary Policy."
Simon M. Potter, Executive Vice President and Head of Marketing at the New York Fed, hosted a seminar on the theme of “Emerging Market Economy and Policy Response to Recent Developments”.
The Bank of England’s chief economist Andy Haldane spoke.
Thursday, October 11
The EIA publishes a monthly short-term energy outlook report.
The number of people claiming unemployment benefits in the United States until the beginning of the week on October 6 (10,000 people)
OPEC announced the monthly crude oil market report (the specific announcement time of the monthly report is to be determined, generally announced around 18-20 points in Beijing time).
Chicago Fed President Charles Evans spoke on economic and monetary policy.
In 2018, the FOMC voting committee and the chairman of the Federal Reserve Bank of Atlanta, Raphael Bostic, gave a speech on the economic outlook.
Friday, October 12
The Reserve Bank of Australia issued a financial stability assessment report.
The IEA announced the monthly crude oil market report.
Chicago Fed President Charles Evans spoke on the current economic situation and monetary policy.
In 2018, the FOMC voting committee and the chairman of the Federal Reserve Bank of Atlanta, Raphael Bostic, attended a discussion.