Forex news and the most important economic events this week from 21 to 25 August

This week, investors are waiting for many important forex news, represented in durable goods orders and housing data in the United States, in order to re-evaluate the possibilities of increasing US interest rates during this year, in addition to knowing the extent of its impact on the future policies of the Federal Reserve, and in the euro area. Later this week, several important data on private sector activity in the region are scheduled to be released.

Investors will also pay attention to a set of speeches by central bankers at the annual Central Bank symposium scheduled to be held in “Jackson Hole, Wyoming.”

Forex news

Forex news

Below are the details of the most important forex news this week

Monday August 21
Canada is scheduled to release several important data regarding wholesale sales.

Tuesday August 22
Britain is to publish several data on public sector borrowing. It is also scheduled later on Tuesday that the ZEW Institute will present a report on German business confidence to gauge sentiment in the eurozone’s largest economy, and in Canada, sales figures will be announced. retail.

Wednesday 23 August
Mario Draghi, President of the European Central Bank, is scheduled to speak at an event in Germany. On the other hand, the eurozone will issue many important data on the activity of the manufacturing sector, in addition to other data on the services sector. It is also scheduled on Wednesday that Robert Kaplan, President of the Federal Reserve Bank of Dallas, spoke, at the same time the United States will release several data on new home sales.

Thursday 24 August
The United Kingdom will release many revised data on the growth of the British economy during the second quarter of this year, and in the United States the weekly report on unemployment claims and existing home sales will be released, on the other hand, the annual meeting of a group of senior central bankers will be held in a symposium The Central Bank and scheduled to be held in "Jackson Hole".

Friday 25 August
The Ifo Institute is scheduled to release a report on German economic sentiment, and European Central Bank President Mario Draghi will speak in Jackson Hole. The United States will conclude this week’s trading by issuing several important data on durable goods orders. .


Mohamed Abdel Khaleq

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