We will be able to see the latest conferences of many Central Banks and vital information on British and European inflation in a new week.
Conference: Central Banks are back
Events will take place at the CBs in Hungary, Indonesia Malaysia, Sri Lanka, Uzkistan, Uzbekistan and Uzbekistan this week. Most cases will not see any changes in credit or monetary policy, which is good news for risky assets. The Turkish CB may continue to lower the interest rate.
JPY: The time has not come to raise the rate
This week, the Bank of Japan will hold a conference to decide on the interest rate. It is currently at -0.10%, and it is unlikely that it will change. The BoJ did not rule out the possibility of raising the rate before inflation reaches 2.2%. You might hear from others soon and they will definitely benefit the JPY.
Brent: Eyes on the reports
This week, the IEA as well as OPEC will publish their January oil reports. Check the supply and demand parameters first. Brent will be supported if the reports provide optimistic demand information.
EUR: Statistics and ECB Minutes
Eurozone is currently preparing revised statistics on inflation for December. The possibility exists that inflation has reached 5% y/y. The minutes from the ECB's most recent conference will also be available. The EUR will continue growing if everything goes according to plan.
GBP is ready to grow
Great Britain will be preparing statistics for this week. This includes information on the employment market for November and December, and statistics about prices, including inflation. The CPI may have reached 5.2%. This will allow the BoE to raise the rate at its next conference. The GBP is poised to continue its growth.
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blog.roboforex.com/blog/2022/01/17/a-week-in-the-market-17-01-23-01-central-banks-and-reports/
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