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Join WhatsApp channel| Time(GMT+0/UTC+0) | State | Importance | Event | Forecast | Previous |
| 01:00 |  | 2 points | China Loan Prime Rate 5Y (Aug) | 3.85% | 3.85% |
| 01:15 | | 2 points | PBoC Loan Prime Rate | 3.35% | 3.35% |
| 01:30 |  | 2 points | RBA Meeting Minutes | ——— | ——— |
| 09:00 |  | 2 points | Core CPI (YoY) (Jul) | 2.9% | 2.9% |
| 09:00 | | 3 points | CPI (YoY) (Jul) | 2.6% | 2.5% |
| 09:00 | | 2 points | CPI (MoM) (Jul) | 0.0% | 0.2% |
| 17:35 |  | 2 points | FOMC Member Bostic Speaks | ——— | ——— |
| 18:45 | | 2 points | Fed Vice Chair for Supervision Barr Speaks | ——— | ——— |
| 20:30 | | 2 points | API Weekly Crude Oil Stock | ——— | -5.205M |
| 23:50 |  | 2 points | Adjusted Trade Balance | -0.73T | -0.82T |
| 23:50 | | 2 points | Exports (YoY) (Jul) | 11.4% | 5.4% |
| 23:50 | | 2 points | Trade Balance (Jul) | -330.7B | 224.0B |
Summary of Upcoming Economic Events on August 20, 2024
- China Loan Prime Rate 5Y (Aug) (01:00 UTC): Interest rate for five-year loans set by the People’s Bank of China (PBoC). Forecast: 3.85%, Previous: 3.85%.
- China PBoC Loan Prime Rate (01:15 UTC): Benchmark interest rate for one-year loans. Forecast: 3.35%, Previous: 3.35%.
- Australia RBA Meeting Minutes (01:30 UTC): Detailed insights into the Reserve Bank of Australia’s most recent monetary policy meeting, providing context on economic outlook and policy decisions.
- Eurozone Core CPI (YoY) (Jul) (09:00 UTC): Annual change in the core consumer price index, excluding food and energy. Forecast: 2.9%, Previous: 2.9%.
- Eurozone CPI (YoY) (Jul) (09:00 UTC): Annual change in the overall consumer price index. Forecast: 2.6%, Previous: 2.5%.
- Eurozone CPI (MoM) (Jul) (09:00 UTC): Monthly change in the consumer price index. Forecast: 0.0%, Previous: 0.2%.
- FOMC Member Bostic Speaks (17:35 UTC): Comments from Federal Reserve Bank of Atlanta President Raphael Bostic, potentially offering insights into the Fed’s economic outlook.
- Fed Vice Chair for Supervision Barr Speaks (18:45 UTC): Remarks from Fed Vice Chair for Supervision Michael Barr, focusing on regulatory and economic issues.
- API Weekly Crude Oil Stock (20:30 UTC): Weekly change in US crude oil inventories. Previous: -5.205M.
- Japan Adjusted Trade Balance (Jul) (23:50 UTC): Seasonally adjusted trade balance. Forecast: -0.73T, Previous: -0.82T.
- Japan Exports (YoY) (Jul) (23:50 UTC): Annual change in the value of exports. Forecast: 11.4%, Previous: 5.4%.
- Japan Trade Balance (Jul) (23:50 UTC): Difference between exports and imports. Forecast: -330.7B, Previous: 224.0B.
Market Impact Analysis
- China Loan Prime Rates: Stability in the 5Y and 1Y loan prime rates suggests steady monetary policy, likely maintaining CNY stability. Any unexpected changes could influence market sentiment.
- Australia RBA Meeting Minutes: Detailed insights could impact AUD, especially if the minutes reveal concerns about inflation or economic growth.
- Eurozone CPI Data: Stable or rising inflation supports EUR; deviations from expectations may influence ECB policy outlook.
- US Fed Speeches: Remarks from FOMC members and the Vice Chair for Supervision could provide insights into the Fed’s future policy direction, influencing USD and market sentiment.
- API Crude Oil Stock: Lower inventories typically support oil prices; higher inventories could pressure prices downward.
- Japan Trade Data: A significant trade balance shift could impact JPY, particularly if export growth is strong or trade deficits widen.
Overall Impact
- Volatility: High, with potential reactions in equity, bond, currency, and commodity markets.
- Impact Score: 7/10, indicating a high potential for market movements.
