Week 33 economic calendar: key events that will shake the markets

Each event has the potential to drive volatility in currencies, stocks, and commodities, making it crucial to stay alert and prepared for rapid market shifts. Here are some  Key Takeaways:

1. Inflation Jitters: CPI data on Monday—brace for USD volatility.
2. Retail’s Pulse: Tuesday’s US retail sales—watch Amazon and Walmart.
3. Eurozone’s Beat: Wednesday’s GDP—Euro and European stocks in focus.
4. Job Market Clues: Thursday’s jobless claims—Fed implications.
5. China’s Moves: Friday’s Chinese data—AUD and commodities on edge.

Monday, August 12th, 12:30 PM GMT: US inflation data (CPI)

With inflation still a top concern, this CPI release could set the tone for the Fed's next moves. A higher-than-expected figure may fuel speculation of continued rate hikes, strengthening the USD and pressuring risk assets like stocks and gold. Conversely, a lower reading might ease fears, leading to a softer USD and a potential rally in equities and gold. 📈 Assets to Watch: USD (US Dollar), Gold, and S&P 500

Tuesday, August 13th, 12:30 PM GMT: US retail sales

Retail sales will provide insight into consumer health and spending, a critical driver of the US economy. Strong data could bolster confidence in economic resilience, boosting retail stocks and the USD. However, weak sales might raise recession fears, leading to market volatility and a potential retreat in both stocks and the dollar. 📈 Assets to Watch: Retail stocks (Amazon, Walmart), USD

Wednesday, August 14th, 5:00 AM GMT: Eurozone GDP

The Eurozone GDP report will be closely watched for signs of economic strength or weakness in the region. A strong reading could provide a tailwind for the Euro and European equities, while a disappointing figure may spark concerns over the region's economic outlook, leading to a sell-off in the Euro and a potential drag on European markets. 📈 Assets to Watch: EUR (Euro), European stocks (DAX, CAC 40)

Thursday, August 15th, 12:30 PM GMT: US jobless claims

Jobless claims offer a real-time snapshot of the US labor market. A lower number could reinforce the narrative of a strong economy, supporting the USD and pushing equities higher. On the other hand, a higher-than-expected number might raise alarms about economic slowdown, influencing Fed policy expectations and potentially weighing on the USD and stock markets. 📈 Assets to Watch: USD, Dow Jones Industrial Average (DJIA)

Friday, August 16th, 2:00 AM GMT: Chinese industrial production and retail sales

China's economic data will be pivotal for gauging global demand, especially in commodities. Strong numbers could boost risk sentiment, supporting the AUD and commodity prices, while weak data might trigger concerns about a slowdown in global growth, pressuring commodity-linked currencies and assets. 📈 Assets to Watch: CNY (Chinese Yuan), AUD (Australian Dollar), commodities (iron ore, copper)