Jeremy Oles
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| Time(GMT+0/UTC+0) | State | Importance | Event | Forecast | Previous |
| 01:30 |  | 2 points | NAB Business Confidence (Jul) | ——— | 4 |
| 01:30 | | 2 points | NAB Business Confidence (Jul) | ——— | 4 |
| 01:30 | | 2 points | Wage Price Index (QoQ) (Q2) | 0.9% | 0.8% |
| 09:00 |  | 2 points | IEA Monthly Report | ——— | ——— |
| 09:00 |  | 2 points | New Loans (Jul) | 1,280.0B | 2,130.0B |
| 09:00 |  | 2 points | ZEW Economic Sentiment (Aug) | 35.4 | 43.7 |
| 12:30 | | 2 points | Core PPI (MoM) (Jul) | 0.2% | 0.4% |
| 12:30 | | 3 points | PPI (MoM) (Jul) | 0.2% | 0.2% |
| 17:15 | | 2 points | FOMC Member Bostic Speaks | ——— | ——— |
| 20:30 | | 2 points | API Weekly Crude Oil Stock | ——— | 0.180M |
Summary of Upcoming Economic Events on August 13, 2024
- Australia NAB Business Confidence (Jul): Measures sentiment among Australian businesses. Previous: 4.
- Australia Wage Price Index (QoQ) (Q2): Quarterly change in wages, indicating wage inflation. Forecast: +0.9%, Previous: +0.8%.
- US IEA Monthly Report: Provides insights on global oil supply, demand, and market conditions.
- China New Loans (Jul): Total value of new loans issued. Forecast: 1,280.0B, Previous: 2,130.0B.
- Eurozone ZEW Economic Sentiment (Aug): Survey measuring investor sentiment and economic outlook in the Eurozone. Forecast: 35.4, Previous: 43.7.
- US Core PPI (MoM) (Jul): Monthly change in the Producer Price Index, excluding food and energy. Forecast: +0.2%, Previous: +0.4%.
- US PPI (MoM) (Jul): Monthly change in the Producer Price Index, a measure of wholesale inflation. Forecast: +0.2%, Previous: +0.2%.
- FOMC Member Bostic Speaks: Provides insights into the Federal Reserve’s policy stance and economic outlook.
- US API Weekly Crude Oil Stock: Weekly change in US crude oil inventories. Previous: +0.180M.
Market Impact Analysis
- Australia NAB Business Confidence: Higher confidence supports AUD; lower confidence may signal business caution.
- Australia Wage Price Index: Rising wages suggest inflationary pressures, potentially leading to tighter monetary policy, which supports AUD.
- US IEA Monthly Report: Insights on oil supply and demand can influence oil prices and energy sector stocks.
- China New Loans: A significant decrease in new loans may signal tightening credit conditions, potentially impacting CNY and economic growth.
- Eurozone ZEW Economic Sentiment: Lower sentiment may indicate waning confidence in the Eurozone economy, potentially impacting EUR.
- US PPI Data: Higher-than-expected PPI may suggest rising inflationary pressures, influencing Fed policy expectations and impacting USD.
- US API Crude Oil Stock: Changes in oil inventories can influence oil prices and energy markets.
Overall Impact
- Volatility: Moderate to high, with potential reactions in equity, bond, commodity, and currency markets.
- Impact Score: 7/10, indicating a high potential for market movements.
