La semaine à venir : Semaine du 17 juillet (GMT+3)

Tuesday, 18 July, 15:30 – US Retail Sales (MoM) (Jun)

Contrary to market expectations of a -0.1% rate, May’s US Retail Sales exceeded forecast expectations with a rate of 0.3%. This indicates that consumer spending remains resilient, even in the face of rising inflation and interest rates. Economists have become more confident in the Federal Reserve’s ongoing rate hikes.

Wednesday, 19 July, 09:00 – UK CPI (YoY) (Jun)

The inflation rate in May remained unchanged at 8.7%, defying market expectations of a slight easing to 8.4%. Britain’s persistently high inflation is likely to compel the Bank of England to implement multiple interest rate hikes throughout the year.

Wednesday, 19 July, 15:30 – US Building Permits (Jun)

Après deux mois consécutifs de baisse, les permis de construire aux États-Unis ont rebondi en mai 2023, enregistrant une augmentation de 5,6 % pour atteindre un taux de 1,496 million. Les prévisions à court terme suggèrent que la tendance haussière observée en mai pourrait se poursuivre, entraînant une nouvelle croissance et un nouvel élan dans les mois à venir.

Thursday, 20 July, 15:30 – US Existing Home Sales (Jun)

After two consecutive months of decline, the housing market showed signs of recovery in May. However, it is expected to be heavily impacted by the Federal Reserve’s tightening of monetary policy. However, should the Federal Reserve decide to skip a rate hike, it could have a positive impact on the US existing home sales.