市場機會 : 星期 07-08-2023 - 11-08-2023

USDCNH: China’s consumer and producer prices reports for July is an important event for forex markets due August 9. The performance of China’s economy is an important gauge of the state of global economy as China supplies manufactured goods to most countries of the world. The Chinese economy is experiencing deflationary pressures. There is a possibility the Consumer Price Index and Producer Prices Index reports may indicate lower prices than expected which will be bullish for USDCNH.

USDIDX: United States Consumer Price Index (CPI) report on August 10 is the major important event for forex markets in August 7 -11 week. Investors will be watching closely to see whether the consumer inflation continued to decelerate or not. In case the inflation rises from the previous reading of 3.0% over year this may give some reason for the Federal Reserve to lean toward pausing rate hikes - otherwise USDIDX will get a bullish impulse.