Cryptocurrency analytics and forecastsUpcoming economic events 15 July 2024

Upcoming economic events 15 July 2024

Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious
02:00🇨🇳2 pointsFixed Asset Investment (YoY) (Jun)3.9%4.0%
02:00🇨🇳2 pointsGDP (QoQ) (Q2)1.1%1.6%
02:00🇨🇳3 pointsGDP (YoY) (Q2)5.1%5.3%
02:00🇨🇳2 pointsChinese GDP YTD (YoY) (Q2)5.1%5.3%
02:00🇨🇳2 pointsIndustrial Production (YoY) (Jun)4.9%5.6%
02:00🇨🇳2 pointsChinese Industrial Production YTD (YoY) (Jun)———6.2%
02:00🇨🇳2 pointsChinese Unemployment Rate (Jun)5.0%5.0%
02:00🇨🇳2 pointsNBS Press Conference——————
09:00🇪🇺2 pointsIndustrial Production (MoM) (May)-0.9%-0.1%
10:00🇪🇺2 pointsEurogroup Meetings——————
12:30🇺🇸2 pointsNY Empire State Manufacturing Index (Jul)-5.50-6.00
16:00🇺🇸3 pointsFed Chair Powell Speaks ——————
20:35🇺🇸2 pointsFOMC Member Daly Speaks——————

Summary of Upcoming Economic Events on July 15, 2024

  1. China Fixed Asset Investment (YoY) (Jun): Annual change in fixed asset investments. Forecast: +3.9%, Previous: +4.0%.
  2. China GDP (QoQ) (Q2): Quarterly change in gross domestic product. Forecast: +1.1%, Previous: +1.6%.
  3. China GDP (YoY) (Q2): Annual change in gross domestic product. Forecast: +5.1%, Previous: +5.3%.
  4. China GDP YTD (YoY) (Q2): Year-to-date annual change in GDP. Forecast: +5.1%, Previous: +5.3%.
  5. China Industrial Production (YoY) (Jun): Annual change in industrial output. Forecast: +4.9%, Previous: +5.6%.
  6. China Industrial Production YTD (YoY) (Jun): Year-to-date annual change in industrial output. Previous: +6.2%.
  7. China Unemployment Rate (Jun): Monthly unemployment rate. Forecast: 5.0%, Previous: 5.0%.
  8. NBS Press Conference: Insights on China’s economic performance and outlook.
  9. Eurozone Industrial Production (MoM) (May): Monthly change in industrial production. Forecast: -0.9%, Previous: -0.1%.
  10. Eurogroup Meetings: Discussions by Eurozone finance ministers on economic policies.
  11. US NY Empire State Manufacturing Index (Jul): Monthly survey of New York manufacturers. Forecast: -5.50, Previous: -6.00.
  12. Fed Chair Powell Speaks: Key views on U.S. economic conditions and policies.
  13. 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.

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