Jeremy Oles
Share it!
| Time(GMT+0/UTC+0) | State | Importance | Event | Forecast | Previous |
| 02:00 |  | 2 points | Fixed Asset Investment (YoY) (Jun) | 3.9% | 4.0% |
| 02:00 | | 2 points | GDP (QoQ) (Q2) | 1.1% | 1.6% |
| 02:00 | | 3 points | GDP (YoY) (Q2) | 5.1% | 5.3% |
| 02:00 | | 2 points | Chinese GDP YTD (YoY) (Q2) | 5.1% | 5.3% |
| 02:00 | | 2 points | Industrial Production (YoY) (Jun) | 4.9% | 5.6% |
| 02:00 | | 2 points | Chinese Industrial Production YTD (YoY) (Jun) | ——— | 6.2% |
| 02:00 | | 2 points | Chinese Unemployment Rate (Jun) | 5.0% | 5.0% |
| 02:00 | | 2 points | NBS Press Conference | ——— | ——— |
| 09:00 |  | 2 points | Industrial Production (MoM) (May) | -0.9% | -0.1% |
| 10:00 | | 2 points | Eurogroup Meetings | ——— | ——— |
| 12:30 |  | 2 points | NY Empire State Manufacturing Index (Jul) | -5.50 | -6.00 |
| 16:00 | | 3 points | Fed Chair Powell Speaks | ——— | ——— |
| 20:35 | | 2 points | FOMC Member Daly Speaks | ——— | ——— |
Summary of Upcoming Economic Events on July 15, 2024
- China Fixed Asset Investment (YoY) (Jun): Annual change in fixed asset investments. Forecast: +3.9%, Previous: +4.0%.
- China GDP (QoQ) (Q2): Quarterly change in gross domestic product. Forecast: +1.1%, Previous: +1.6%.
- China GDP (YoY) (Q2): Annual change in gross domestic product. Forecast: +5.1%, Previous: +5.3%.
- China GDP YTD (YoY) (Q2): Year-to-date annual change in GDP. Forecast: +5.1%, Previous: +5.3%.
- China Industrial Production (YoY) (Jun): Annual change in industrial output. Forecast: +4.9%, Previous: +5.6%.
- China Industrial Production YTD (YoY) (Jun): Year-to-date annual change in industrial output. Previous: +6.2%.
- China Unemployment Rate (Jun): Monthly unemployment rate. Forecast: 5.0%, Previous: 5.0%.
- NBS Press Conference: Insights on China’s economic performance and outlook.
- Eurozone Industrial Production (MoM) (May): Monthly change in industrial production. Forecast: -0.9%, Previous: -0.1%.
- Eurogroup Meetings: Discussions by Eurozone finance ministers on economic policies.
- US NY Empire State Manufacturing Index (Jul): Monthly survey of New York manufacturers. Forecast: -5.50, Previous: -6.00.
- Fed Chair Powell Speaks: Key views on U.S. economic conditions and policies.
- FOMC Member Daly Speaks: Additional insights into the Federal Reserve’s policy stance.
Market Impact Analysis
- China Fixed Asset Investment: Stable investment growth supports the yuan (CNY); lower-than-expected growth could signal economic slowdown.
- China GDP (QoQ and YoY): Strong GDP growth boosts confidence in the Chinese economy and supports the CNY; lower growth may raise concerns about economic health.
- China Industrial Production: High production levels indicate robust industrial activity, supporting the CNY; lower production suggests economic weakening.
- China Unemployment Rate: Stable unemployment rate maintains economic confidence; higher rate could signal labor market issues.
- NBS Press Conference: Provides further details on China’s economic performance, influencing market sentiment.
- Eurozone Industrial Production: Lower production could signal economic slowdown, potentially weakening the euro (EUR).
- Eurogroup Meetings: Expected discussions maintain stability; surprises could affect Eurozone markets.
- US NY Empire State Manufacturing Index: Improvement in the index supports economic confidence; further decline might raise concerns about manufacturing health.
- Fed Chair Powell Speaks: Neutral or dovish tone reassures markets; hawkish tone could increase bond yields and lower equities.
- FOMC Member Daly: Dovish comments support market confidence; hawkish remarks increase market volatility.
Overall Impact
- Volatility: High, with significant potential reactions in equity, bond, and currency markets.
- Impact Score: 7/10, indicating a high potential for market movements.
