Jeremy Oles
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| Time(GMT+0/UTC+0) | State | Importance | Event | Forecast | Previous |
| 01:15 |  | 2 points | China Loan Prime Rate 5Y (Jul) | 3.95% | 3.95% |
| 01:15 | | 2 points | PBoC Loan Prime Rate | 3.45% | 3.45% |
| 10:00 |  | 2 points | Eurogroup Meetings | ——— | ——— |
Summary of Upcoming Economic Events on July 22, 2024
- China Loan Prime Rate 5Y (Jul): Interest rate for five-year loans set by the People’s Bank of China (PBoC). Forecast: 3.95%, Previous: 3.95%.
- PBoC Loan Prime Rate (Jul): Benchmark interest rate for one-year loans set by the PBoC. Forecast: 3.45%, Previous: 3.45%.
- Eurogroup Meetings: Discussions by Eurozone finance ministers on economic policies.
Market Impact Analysis
- China Loan Prime Rate 5Y: Stability in the five-year loan rate indicates consistent monetary policy; changes could signal shifts in economic strategy, impacting the yuan (CNY) and Chinese financial markets.
- PBoC Loan Prime Rate: Stability in the one-year loan rate suggests steady monetary policy; any adjustments could influence borrowing costs and economic activity in China.
- Eurogroup Meetings: Expected discussions maintain stability; unexpected outcomes or policy changes could affect the euro (EUR) and Eurozone markets.
Overall Impact
- Volatility: Low to moderate, primarily influenced by any surprises from the Eurogroup Meetings or unexpected changes in China’s loan prime rates.
- Impact Score: 4/10, indicating a relatively low potential for market movements.
