Economic events to monitor in week 31

From central bank decisions to crucial inflation data, here's a breakdown of what to watch and which assets might feel the tremors.

Tuesday, September 10th, 09:30 AM GMT: UK GDP Month Over Month

The UK economy takes center stage on Tuesday morning as the Gross Domestic Product (GDP) figures for July are unveiled. Economists predict a sluggish 0.1% growth compared to the previous month's 0.2%. A weaker-than-expected reading could send the Pound (GBP) tumbling as concerns about the UK's economic health resurface.

Wednesday, September 11th, 01:00 PM GMT: US Consumer Price Index (CPI) Month Over Month

Inflation remains in the spotlight as the US releases its Consumer Price Index (CPI) data for August. The market expects a slight uptick to 0.6% from 0.2% in July. A hotter-than-anticipated reading could send shivers down Wall Street and strengthen the US Dollar (USD) as the Federal Reserve's rate hike narrative gains traction.

Thursday, September 12th, 12:30 PM GMT: US Producer Price Index (PPI) Month Over Month

The inflation saga continues with the US Producer Price Index (PPI) for August. Analysts forecast a modest increase of 0.3% from 0.0% in the previous month. While not as closely watched as the CPI, a surprise jump in PPI could still impact market sentiment and fuel inflation concerns.

Thursday, September 12th, 07:00 PM GMT: US Federal Open Market Committee (FOMC) Meeting Minutes

Get a glimpse into the minds of the Federal Reserve policymakers as the FOMC meeting minutes are released. Traders will scour the document for clues about the Fed's future interest rate path. Any hints of a hawkish stance could bolster the USD and weigh on riskier assets like stocks and commodities.

Conclusion

Next week promises to be action-packed with high-impact economic events capable of swaying the markets. Keep a close eye on these releases and their potential impact on your favorite trading assets.