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Global markets await 3 economic events this week
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Global markets await 3 economic events this week
https://www.mubasher.info/news/3391083/%D8%A7%D9%84%D8%A3%D8%B3%D9%88%D8%A7%D9%82-%D8%A7%D9%84%D8%B9%D8%A7%D9%84%D9%85%D9%8A%D8%A9-%D8%AA%D8%AA%D8%B1%D9%82%D8%A8-3-%D8%A3%D8%AD%D8%AF%D8%A7%D8%AB-%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF%D9%8A%D8%A9-%D8%AE%D9%84%D8%A7%D9%84-%D9%87%D8%B0%D8%A7-%D8%A7%D9%84%D8%A3%D8%B3%D8%A8%D9%88%D8%B9
Global markets await 3 economic events this week
06 January 2019 04:45 p
Global markets await 3 economic events this week
06 January 2019 04:45 p
From: Noha Al - Nahhas
Mubasher : After the first week of 2019, which was full of economic events that hit the global markets in terms of equities, commodities and currencies, investors are also on schedule with important economic events this week.
This week, a US-China trade summit is being held as well as the release of US inflation data and the minutes of the Fed's recent meeting.
Federal Record
The Federal Reserve will announce the minutes of its meeting in December last Wednesday.
At the Fed's last meeting in 2018, the US central bank decided to increase its benchmark interest rate by 25 basis points to 2.25% to 2.50%.
Federal Reserve Chairman Jerome Powell said last week that the bank would not hesitate to adjust the pace of reducing the heavily indebted budget if the economy showed a need.
"I do not think reducing the bank's budget is an important part of the story of the market turmoil that started in the last quarter of last year, but I will say again if we reach a different result, we will not hesitate to make a change."
On Thursday, Federal Reserve Chairman Jerome Powell and Federal Presidents of St. Louis and Chicago will also speak on different occasions.
Economic data
Investors on a date with important economic data at the end of this week, as the United States and Britain reveal a number of economic reports on growth and inflation.
On Friday, the UK releases gross domestic product data for the last month of 2018, along with manufacturing data and construction activity.
On the same day, the United States announced inflation data for December, amid expectations of a 0.1% contraction on a monthly basis after stabilizing in November.
US-China trade talks
US trade representatives will meet with counterparts from China on Monday and Tuesday in Beijing.
The United States is represented at the talks by Jeffrey Grich, the US deputy trade representative.
The meeting is set to be the first between the two countries after the joint trade truce was announced last December, which required the suspension of new tariffs for three months and trade talks.
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Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
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