{"id":2542797,"date":"2023-05-21T10:13:40","date_gmt":"2023-05-21T14:13:40","guid":{"rendered":"https:\/\/platoai.gbaglobal.org\/platowire\/forexlives-week-ahead-newsquawk-key-events-to-watch-for-include-fomc-minutes-us-pce-rbnz-and-flash-pmis\/"},"modified":"2023-05-21T10:13:40","modified_gmt":"2023-05-21T14:13:40","slug":"forexlives-week-ahead-newsquawk-key-events-to-watch-for-include-fomc-minutes-us-pce-rbnz-and-flash-pmis","status":"publish","type":"platowire","link":"https:\/\/platoai.gbaglobal.org\/platowire\/forexlives-week-ahead-newsquawk-key-events-to-watch-for-include-fomc-minutes-us-pce-rbnz-and-flash-pmis\/","title":{"rendered":"Forexlive’s Week Ahead Newsquawk: Key Events to Watch for Include FOMC Minutes, US PCE, RBNZ, and Flash PMIs"},"content":{"rendered":"

Forexlive’s Week Ahead Newsquawk: Key Events to Watch for Include FOMC Minutes, US PCE, RBNZ, and Flash PMIs<\/p>\n

Forexlive’s Week Ahead Newsquawk is a comprehensive guide to the key events that traders and investors should be watching for in the coming week. This week’s edition highlights several important events, including the release of the FOMC minutes, US PCE data, RBNZ policy decision, and flash PMIs from around the world.<\/p>\n

FOMC Minutes<\/p>\n

The Federal Open Market Committee (FOMC) minutes are a detailed record of the committee’s most recent meeting. They provide insight into the thinking of the committee members and can give traders and investors an idea of what to expect from future policy decisions. The minutes are released three weeks after each meeting and are closely watched by market participants.<\/p>\n

The most recent FOMC meeting took place on July 27-28, and the minutes will be released on Wednesday, August 18. Traders will be looking for any hints about the timing of tapering of the Fed’s asset purchases and any changes to the Fed’s forward guidance.<\/p>\n

US PCE Data<\/p>\n

The Personal Consumption Expenditures (PCE) price index is the Fed’s preferred measure of inflation. It measures the change in prices paid by consumers for goods and services. The PCE data is released monthly and is closely watched by market participants as it can have a significant impact on the Fed’s monetary policy decisions.<\/p>\n

The most recent PCE data will be released on Friday, August 27. Traders will be looking for any signs of inflationary pressures that could prompt the Fed to tighten monetary policy sooner than expected.<\/p>\n

RBNZ Policy Decision<\/p>\n

The Reserve Bank of New Zealand (RBNZ) is set to announce its latest policy decision on Wednesday, August 18. The RBNZ has already signaled that it will be ending its quantitative easing program this month, but traders will be looking for any hints about the timing of interest rate hikes.<\/p>\n

Flash PMIs<\/p>\n

Flash Purchasing Managers’ Index (PMI) data is released at the beginning of each month and provides an early indication of economic activity in the manufacturing and services sectors. The data is based on surveys of purchasing managers and is closely watched by market participants as it can provide insight into the health of the global economy.<\/p>\n

Flash PMI data for August will be released throughout the week, with data from the Eurozone, UK, US, and Japan all due to be released. Traders will be looking for any signs of a slowdown in economic activity that could prompt central banks to delay tightening monetary policy.<\/p>\n

In conclusion, Forexlive’s Week Ahead Newsquawk provides traders and investors with a comprehensive guide to the key events that could impact financial markets in the coming week. This week’s edition highlights several important events, including the release of the FOMC minutes, US PCE data, RBNZ policy decision, and flash PMIs from around the world. Traders will be closely watching these events for any signs of changes in monetary policy or economic activity that could impact financial markets.<\/p>\n