6 Important Economic Data News Market Focus This Week (13-17 Sept 2021) - Kakiforex.com - Financial Market Media No. 1 in the World 6 Important Economic Data News Market Focus This Week (13-17 Sept 2021) 6 Important Economic Data News Market Focus This Week (13-17 Sept 2021)
InstaForex

September 13, 2021

6 Important Economic Data News Market Focus This Week (13-17 Sept 2021)

 Here are some of the important economic data that will be the focus of the market throughout the week.


UK Employment Data Report (Tuesday 2.00pm): While the movement of the Pound is supported by a tax implementation plan by PM Boris Johnson, the next UK employment report will be the focus for an assessment of the health of the UK labor market. Poor data reading projections will put pressure on the Pound.


US Inflation Data (Tuesday 8.30pm): The US consumer price index for the August reading is expected to decline slightly from the previous month likely affected by the contagion of Covid-19 on the latest wave. The data that is the focus of the central bank will affect the movement of the US dollar in the market.



UK Inflation Data (Wednesday 2.00pm): After employment data, UK inflation data will also follow this week. Markets that expect the annual reading of the UK consumer price index to record rising figures will influence policymakers' decisions in central bank policy setting in the future.


Canadian Inflation Data (Wednesday 8.30pm): Inflation rates in Canada recorded an increase for July, but investors are unlikely to place high hopes of seeing a good reading for August following a wave of Delta variant Covid-19 returning violent.


Australian Jobs Data Report (Thursday 9.30am): The Aussie dollar will come under pressure as the Australian economy is forecast to lose around 80,000 jobs after recording a weak increase in the previous month of around 2,200 jobs. The unemployment rate is expected to increase.


US Retail Sales Data (Thursday 8.30pm): The Covid-19 contagion that limits economic activity is seen to push the reading of the declining retail sales rate in the United States for August.