Markets This Week: China CPI, Canada’s Overnight Rate, And The G20 Summit

This week ahead is filled with news and economic events that could likely influence the latest market trends. Let’s take a look at this week’s schedule in further detail.

 

 

The U.S.

 

ISM Services PMI is scheduled to be released by the Institute for Supply Management on Wednesday, September 6, 2023 at 6:00 PM, GMT+4 (Dubai Time).  

On Thursday, September 7, 2023, Unemployment Claims data is set to be released by the Department of Labor at 4:30 PM, GMT+4 (Dubai Time).

 

 

China

 

Both the Consumer Price Index (CPI) y/y and Producer Price Index (PPI) y/y are scheduled to be released by the National Bureau of Statistics of China on Saturday, September 9, 2023 at 5:30 AM, GMT+4 (Dubai Time).

 

 

Australia

 

The Reserve Bank of Australia is scheduled to release the Cash Rate on Tuesday, September 5, 2023 at 8:30 AM, GMT+4 (Dubai Time).

 

On Wednesday, September 6, 2023, the Australian Bureau of Statistics is set to release GDP q/q at 5:30 AM, GMT+4 (Dubai Time).

 

 

Europe  

 

The Producer Price Index (PPI) m/m is scheduled to be released by the Eurostat on Tuesday, September 5, 2023 at 1:00 PM, GMT+4 (Dubai Time).

 

On Wednesday, September 6, 2023, Eurostat is set to release the Retail Sales m/m at 1:00 PM, GMT+4 (Dubai Time).

 

 

Canada

 

The Bank of Canada is scheduled to release the Overnight Rate on Wednesday, September 6, 2023 at 6:00 PM, GMT+4 (Dubai Time).

 

The IVEY PMI is scheduled to be released by the Richard Ivey School of Business on Thursday, September 7, 2023 at 6:00 PM, GMT+4 (Dubai Time).

 

On Friday, September 8, 2023, the Unemployment rate is set to be released by Statistics Canada at 4:30 PM, GMT+4 (Dubai Time).

 

 

G20 Meetings  

 

The G20 Meetings are scheduled to run from Saturday, September 9, 2023, to Sunday, September 10, 2023, spanning the entire day. They are attended by finance ministers and central bankers from 20 industrialized nations to discuss macroeconomic policies.

 

 

 

The content published above has been prepared by CFI for informational purposes only and should not be considered as investment advice.  Any view expressed does not constitute a personal recommendation or solicitation to buy or sell.  The information provided does not have regard to the specific investment objectives, financial situation, and needs of any specific person who may receive it, and is not held out as independent investment research and may have been acted upon by persons connected with CFI.  Market data is derived from independent sources believed to be reliable, however, CFI makes no guarantee of its accuracy or completeness, and accepts no responsibility for any consequence of its use by recipients.