Economic events awaiting the global markets

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Economic events awaiting the global markets

Post  Admin on Sun May 20, 2018 5:08 pm

21/5/2018 12:00 am

During this week
Capitals / follow-up morning
The world markets are receiving a new week of important political and economic events amid central banks' control of the scene. Several central bankers are also scheduled to speak on different occasions giving their views on monetary policy, as well as a number of central banks

 Meetings.




Markets are also awaiting the presidential elections in Venezuela in conjunction with the economic problems experienced by the state.



Weekend holiday




European markets are trading at the beginning of this week, with trades resuming on Tuesday. Germany, France and Switzerland are among those markets celebrating Monday White Day.
Heads of central banks
The President of the Bank of England and the Fed Chairman are speaking on various occasions this week.
On Thursday, Bank of England President Mark Carney is due to speak at the Bank of England's Markets Forum in London.
On Friday, Carney and Jerome Powell are scheduled to take part in a panel discussion on the future of central banks at a Stockholm conference.


OPEC meeting monthly
OPEC holds its monthly meeting on Monday, in the presence of the 13 member states along with 11 other oil-producing countries.
In OPEC's regular meetings, developments in the oil market and levels of production and demand for crude are discussed. While the monthly report of the Organization of the increase in production in April by 12.1 thousand barrels per day to 31.930 million barrels per day.

Lecturer European and Federal

The European Central Bank and the Federal Reserve are announcing the minutes of their last meeting over the course of the week, which is often issued three weeks after the bank's meeting.




On Wednesday, the Fed will announce its meeting at which it decided to set interest rates at 1.50 to 1.75 percent, a move that has been approved. The European Central Bank is due to release minutes of its meeting on Thursday on interest rate stabilization, with interest rates on major refinancing and interest rates on lending and deposits at 0.00 percent, 0.25 percent and 0.40 percent respectively.


Elections in Venezuela

Venezuela held its presidential election on Sunday at a time of huge economic problems ranging from currency collapse to rising inflation, along with a lack of oil production.


http://www.alsabaah.iq/ArticleShow.aspx?ID=157393

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