US
In what is going to be not only a quiet week for the US, but most of the world from an economic perspective, there are still some important and interesting figures being released that investors should pay attention to. On Monday the Bureau of Labour Statistics will release JOTS Job Opening Figures which will outline the number of job openings for August. Wednesday sees the first highlight of the week as the Bureau of labour statistics releases month-to-month CPI Index.
As the main indicator for measuring inflation, all investors should keep a very close eye on this release, especially in the current climate of a pandemic. Investors should also watch out for Thursdays month-to-month PMI Index release, as this goes hand in hand with CPI figures to give the most accurate reflection of how prices of goods and services are changing. We will also see the US release Unemployment Claims figures along side the US 30-year Treasury Bond auction.
Rest of the World
This week sees The Organisation of Petroleum Exporting Countries (OPEC) and Joint Ministerial Monitoring Committee (JMMC) meet. From this, investors will get answers to many of their questions surrounding current oil and energy markets. The most key aspect of the meeting to look into will be the agreed amount of oil to be produced as this will give a very strong indication of how oil prices are likely to change.
UK
A very quiet week ahead for the UK in terms of economic figures to be released, however there is still reason to take notice. Thursday sees the highlight of the week from a UK economic standpoint, with the release of this quarters Prelim GDP figure. Being the prime measurement of economic output, it is imperative UK investors take notice of this. We will also this quarters GVA, Prelim Business Investment numbers and this months Goods Trade Balance.
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