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12 Aug 2013
Flash: Countdown to crucial September Fed decision – UBS
FXstreet.com (New York) - Research Analyst Gareth Berry at UBS identifies the key events and releases this week that will likely dictate market movements.
Key quotes
“Data performance will drive markets next week as activity and price figures will help markets calibrate their views on Fed policy with just over a month to go before the crucial September decision.”
Retail sales, the U. of Michigan confidence index and July CPI prints are due. Elsewhere, GDP figures are out in Japan, UK and the Eurozone. “In the UK, investors will pay particular attention to the BoE minutes from August for insights on the MPC’s thought process behind the introduction of forward guidance.”
Key quotes
“Data performance will drive markets next week as activity and price figures will help markets calibrate their views on Fed policy with just over a month to go before the crucial September decision.”
Retail sales, the U. of Michigan confidence index and July CPI prints are due. Elsewhere, GDP figures are out in Japan, UK and the Eurozone. “In the UK, investors will pay particular attention to the BoE minutes from August for insights on the MPC’s thought process behind the introduction of forward guidance.”