Time(GMT+0/UTC+0) | State | Importance | Event | Forecast | Previous |
04:30 | 2 points | Industrial Production (MoM) (Jul) | 2.8% | -4.2% | |
09:00 | 2 points | Industrial Production (MoM) (Jul) | -0.6% | -0.1% | |
10:00 | 2 points | Eurogroup Meetings | ——— | ——— | |
11:00 | 2 points | New Loans (Aug) | 810.0B | 260.0B | |
12:30 | 2 points | Export Price Index (MoM) (Aug) | -0.1% | 0.7% | |
12:30 | 2 points | Import Price Index (MoM) (Aug) | -0.2% | 0.1% | |
14:00 | 2 points | Michigan 1-Year Inflation Expectations (Sep) | ——— | 2.8% | |
14:00 | 2 points | Michigan 5-Year Inflation Expectations (Sep) | ——— | 3.0% | |
14:00 | 2 points | Michigan Consumer Expectations (Sep) | 71.0 | 72.1 | |
14:00 | 2 points | Michigan Consumer Sentiment (Sep) | 68.3 | 67.9 | |
17:00 | 2 points | U.S. Baker Hughes Oil Rig Count | ——— | ——— | |
17:00 | 2 points | U.S. Baker Hughes Total Rig Count | ——— | ——— | |
19:30 | 2 points | CFTC Crude Oil speculative net positions | ——— | 177.0K | |
19:30 | 2 points | CFTC Gold speculative net positions | ——— | 287.6K | |
19:30 | 2 points | CFTC Nasdaq 100 speculative net positions | ——— | 26.0K | |
19:30 | 2 points | CFTC S&P 500 speculative net positions | ——— | -48.8K | |
19:30 | 2 points | CFTC AUD speculative net positions | ——— | -7.9K | |
19:30 | 2 points | CFTC JPY speculative net positions | ——— | 41.1K | |
19:30 | 2 points | CFTC EUR speculative net positions | ——— | 100.0K |
Summary of Upcoming Economic Events on September 13, 2024
- Japan Industrial Production (MoM) (Jul) (04:30 UTC): Measures monthly change in Japan’s industrial output. Forecast: +2.8%, Previous: -4.2%.
- Eurozone Industrial Production (MoM) (Jul) (09:00 UTC): Monthly change in industrial production within the Eurozone. Forecast: -0.6%, Previous: -0.1%.
- Eurogroup Meetings (10:00 UTC): Eurozone finance ministers discuss economic policies and stability.
- China New Loans (Aug) (11:00 UTC): Measures the value of new loans issued by Chinese banks. Forecast: 810.0B, Previous: 260.0B.
- US Export Price Index (MoM) (Aug) (12:30 UTC): Monthly change in the prices of US exports. Forecast: -0.1%, Previous: +0.7%.
- US Import Price Index (MoM) (Aug) (12:30 UTC): Monthly change in the prices of US imports. Forecast: -0.2%, Previous: +0.1%.
- US Michigan 1-Year Inflation Expectations (Sep) (14:00 UTC): Consumers’ expectations for inflation over the next year. Previous: 2.8%.
- US Michigan 5-Year Inflation Expectations (Sep) (14:00 UTC): Consumers’ expectations for inflation over the next five years. Previous: 3.0%.
- US Michigan Consumer Expectations (Sep) (14:00 UTC): Measures consumers’ outlook on future economic conditions. Forecast: 71.0, Previous: 72.1.
- US Michigan Consumer Sentiment (Sep) (14:00 UTC): Measures overall consumer confidence. Forecast: 68.3, Previous: 67.9.
- US Baker Hughes Oil Rig Count (17:00 UTC): Weekly count of active oil rigs in the US.
- US Baker Hughes Total Rig Count (17:00 UTC): Weekly count of active rigs in the US, including both oil and gas rigs.
- CFTC Speculative Net Positions (19:30 UTC): Weekly data on speculative positions in various assets, including crude oil, gold, Nasdaq 100, S&P 500, AUD, JPY, and EUR.
Market Impact Analysis
- Japan Industrial Production: A recovery in industrial production indicates economic strengthening, which can support JPY. A weaker figure would indicate ongoing challenges.
- Eurozone Industrial Production: A decline in production could signal economic slowing, which may weaken EUR, especially if industrial activity is lower than expected.
- China New Loans: A sharp rise in new loans would suggest increased economic activity and demand, supporting CNY and commodity-linked currencies like AUD.
- US Export and Import Price Indexes: Decreasing export and import prices can signal lower inflationary pressures. Higher-than-expected numbers may suggest stronger price growth, influencing USD and inflation expectations.
- US Michigan Consumer Sentiment: Positive sentiment supports USD by indicating strong consumer confidence, while lower-than-expected sentiment could signal potential economic weakness.
- CFTC Speculative Net Positions: Shifts in speculative positions can signal market sentiment, particularly in commodities, currencies, and equity indices. Significant changes in positioning could indicate upcoming volatility.
Overall Impact
- Volatility: Moderate to high, with particular focus on industrial production data from Japan and the Eurozone, as well as US inflation expectations and consumer sentiment.
- Impact Score: 7/10, indicating a strong potential for market movements across currencies, commodities, and equities.