Upcoming economic events 19 August 2024

Time(GMT+0/UTC+0)	State	Importance	Event	Forecast	Previous
13:15		2 points	Fed Waller Speaks	———	———
14:00		2 points	US Leading Index (MoM) (Jul)	-0.4%	-0.2%

Summary of Upcoming Economic Events on August 19, 2024

1. Fed Waller Speaks (13:15 UTC): Comments from Federal Reserve Governor Christopher Waller, potentially providing insights into the Fed’s economic outlook and monetary policy direction.
2. US Leading Index (MoM) (Jul) (14:00 UTC): Monthly change in the Conference Board’s Leading Economic Index, which forecasts economic trends over the next 3 to 6 months. Forecast: -0.4%, Previous: -0.2%.

Market Impact Analysis

• Fed Waller Speaks: Remarks could influence market expectations for future Fed policy actions, impacting USD and market sentiment. Dovish comments may support equities, while hawkish remarks could increase bond yields and strengthen USD.
• US Leading Index (MoM): A further decline in the Leading Index may suggest potential economic slowdown, which could negatively impact USD and equity markets. A smaller-than-expected decline or positive surprise could support market confidence.

Overall Impact

• Volatility: Moderate, with potential reactions primarily in equity, bond, and currency markets depending on the tone of Fed Waller’s remarks and the performance of the Leading Index.
• Impact Score: 5/10, indicating moderate potential for market movements.