{"id":34556,"date":"2023-08-16T11:14:38","date_gmt":"2023-08-16T11:14:38","guid":{"rendered":"https:\/\/fxglobe.wpenginepowered.com\/?p=34556"},"modified":"2024-01-08T17:37:31","modified_gmt":"2024-01-08T17:37:31","slug":"fxglobe-weekly-market-insights-from-inflation-to-gdp-boosts","status":"publish","type":"post","link":"https:\/\/www.fxglobe.com\/pt-pt\/fxglobe-weekly-market-insights-from-inflation-to-gdp-boosts\/","title":{"rendered":"FXGlobe Weekly Market Insights: From Inflation to GDP Boosts"},"content":{"rendered":"\n<p>Good day, fellow traders! It&#8217;s Adam Harris here, providing you with your latest dose of <a href=\"https:\/\/www.fxglobe.com\/market-to-watch-today\/\" data-type=\"post\" data-id=\"24545\">market insights<\/a> brought to you by FXGlobe. Let&#8217;s take a moment to break down this week&#8217;s key events and anticipate what the coming days might have in store for us.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">Week in Review: What the Data Told Us<\/h4>\n\n\n\n<p>NZD&#8217;s Inflation Expectations: A marginal uptick was observed as the NZD inflation expectations gently rose to 2.83%. Even the slightest movements in these figures can cause ripples in the market, so it&#8217;s always a number to watch.<\/p>\n\n\n\n<p>USD&#8217;s Dance with Inflation: The <a href=\"https:\/\/www.fxglobe.com\/the-insiders-guide-to-investing-in-major-currencies\/\" data-type=\"post\" data-id=\"32490\">monthly indicators<\/a> like Core CPI m\/m and CPI m\/m showed steadiness at 0.2%. However, the yearly spike to 3.2% undoubtedly made waves and raised eyebrows. In tandem, unemployment claims edged up to 248K, giving traders plenty to digest regarding the US economy.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/08\/fxgweekly_11aug2023_gbpjpyweekly-1024x576.png\" alt=\"fxgweekly 11aug2023 gbpjpyweekly\" class=\"wp-image-34589\" srcset=\"https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/08\/fxgweekly_11aug2023_gbpjpyweekly-1024x576.png 1024w, https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/08\/fxgweekly_11aug2023_gbpjpyweekly-300x169.png 300w, https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/08\/fxgweekly_11aug2023_gbpjpyweekly-768x432.png 768w, https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/08\/fxgweekly_11aug2023_gbpjpyweekly-1536x864.png 1536w, https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/08\/fxgweekly_11aug2023_gbpjpyweekly.png 1920w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>The UK&#8217;s GDP Turnaround: One of the standout figures of the week was the UK&#8217;s GDP m\/m. It rebounded powerfully, jumping to a notable 0.5% from its previous slump into negative territory.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">Technical Chart Movements:<\/h4>\n\n\n\n<p>Forex and the JPY Dynamic: JPY crosses distinctly showcased upward trajectories this week. Concurrently, the <a href=\"https:\/\/en.wikipedia.org\/wiki\/United_States_dollar\" target=\"_blank\" rel=\"noreferrer noopener\">USD marked<\/a> a slight ascendancy against the <a href=\"https:\/\/www.fxglobe.com\/the-hidden-truths-of-major-currencies-revealed\/\" data-type=\"post\" data-id=\"32618\">major pairs<\/a>.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/08\/fxgweekly_11aug2023_usdjpyweekly-1024x576.png\" alt=\"fxgweekly 11aug2023 usdjpyweekly\" class=\"wp-image-34569\" srcset=\"https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/08\/fxgweekly_11aug2023_usdjpyweekly-1024x576.png 1024w, https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/08\/fxgweekly_11aug2023_usdjpyweekly-300x169.png 300w, https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/08\/fxgweekly_11aug2023_usdjpyweekly-768x432.png 768w, https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/08\/fxgweekly_11aug2023_usdjpyweekly-1536x864.png 1536w, https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/08\/fxgweekly_11aug2023_usdjpyweekly.png 1920w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>Commodities Corner: In the commodities market, both Gold and Silver experienced discernible dips, while Crude oils largely held their ground.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/08\/fxgweekly_11aug2023_silver_spotweekly-1024x576.png\" alt=\"fxgweekly 11aug2023 silver spotweekly\" class=\"wp-image-34579\" srcset=\"https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/08\/fxgweekly_11aug2023_silver_spotweekly-1024x576.png 1024w, https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/08\/fxgweekly_11aug2023_silver_spotweekly-300x169.png 300w, https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/08\/fxgweekly_11aug2023_silver_spotweekly-768x432.png 768w, https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/08\/fxgweekly_11aug2023_silver_spotweekly-1536x864.png 1536w, https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/08\/fxgweekly_11aug2023_silver_spotweekly.png 1920w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>The Equities Equation: On the equities front, global indices felt a slight pressure downwards, yet they held firm without major declines. This resilience underscores the current strength in the market.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">What Lies Ahead?<\/h4>\n\n\n\n<p>As we navigate the forthcoming week, here are the highlights:<\/p>\n\n\n\n<p><strong>Australia&#8217;s Economic Pulse<\/strong>: The <strong>RBA&#8217;s Meeting Minutes<\/strong> are always a significant event. Add to that a forecasted 0.8% Wage Price Index q\/q, and Australia is set to be under the spotlight.<\/p>\n\n\n\n<p><strong>UK&#8217;s Employment Scenario<\/strong>: The upcoming Claimant Count Change will be pivotal in assessing potential shifts in the UK&#8217;s job market.<\/p>\n\n\n\n<p><strong>Inflation &amp; Consumption in North America<\/strong>: Canada prepares to delve into its <a href=\"https:\/\/www.fxglobe.com\/trading-as-a-hedge-against-inflation\/\" data-type=\"post\" data-id=\"24561\">inflation data<\/a>, while the US is slated to announce key figures around Retail Sales and the Empire State Manufacturing Index.<\/p>\n\n\n\n<p><strong>New Zealand&#8217;s Monetary Policy in Focus<\/strong>: With the Official Cash Rate announcement coupled with RBNZ statements, NZ&#8217;s financial strategy will be a focal point.<\/p>\n\n\n\n<p><strong>The Weekly US Unemployment Rundown<\/strong>: As always, the US weekly Unemployment Claims will be keenly watched by traders across the globe.<\/p>\n\n\n\n<p>For traders, the coming week seems to lean towards <a href=\"https:\/\/www.fxglobe.com\/why-major-currencies-are-the-new-gold\/\" data-type=\"post\" data-id=\"31709\">currencies and metals<\/a> as areas of particular interest. But, as always, the market&#8217;s dynamism is its most predictable feature. Remember to stay sharp and trade intelligently!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>FXGlobe&#8217;s weekly market insights provide an overview of the key economic events and market drivers that are likely to impact the markets in the coming week.<\/p>\n","protected":false},"author":13,"featured_media":45346,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_robots_primary_cat":"","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","footnotes":"","_links_to":"","_links_to_target":""},"categories":[1],"tags":[],"class_list":["post-34556","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-updates"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.fxglobe.com\/pt-pt\/wp-json\/wp\/v2\/posts\/34556","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fxglobe.com\/pt-pt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fxglobe.com\/pt-pt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fxglobe.com\/pt-pt\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fxglobe.com\/pt-pt\/wp-json\/wp\/v2\/comments?post=34556"}],"version-history":[{"count":0,"href":"https:\/\/www.fxglobe.com\/pt-pt\/wp-json\/wp\/v2\/posts\/34556\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.fxglobe.com\/pt-pt\/wp-json\/wp\/v2\/media\/45346"}],"wp:attachment":[{"href":"https:\/\/www.fxglobe.com\/pt-pt\/wp-json\/wp\/v2\/media?parent=34556"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fxglobe.com\/pt-pt\/wp-json\/wp\/v2\/categories?post=34556"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fxglobe.com\/pt-pt\/wp-json\/wp\/v2\/tags?post=34556"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}