#Key Economic Events: For The Week Of 6th October 2024 & Beyond #Release Date: 6th October 2024 #Summary: This week features several critical economic events that will significantly influence global markets: RBNZ Interest Rate Decision (9th Oct): Will provide insights into New Zealand's monetary policy stance, potentially impacting the NZD. US Crude Oil Inventories (9th Oct): A key indicator for oil market dynamics, affecting commodity prices and related currencies. FOMC Meeting Minutes (9th Oct): Will offer detailed insights into the Federal Reserve's policy considerations, influencing USD and global markets. US CPI Data (10th Oct): Both Core and headline CPI figures will be crucial for assessing inflation trends and potential Fed policy moves. US Initial Jobless Claims (10th Oct): Provides a weekly snapshot of the US labor market, important for gauging economic health. UK GDP (11th Oct): Monthly GDP figures will be critical for assessing the UK's economic performance and could influence GBP movement. German CPI (11th Oct): Key inflation data for Europe's largest economy, potentially impacting ECB policy expectations and the EUR. US PPI (11th Oct): Producer price data will offer insights into inflationary pressures at the production level, which can affect consumer prices. These events are likely to drive currency pairs such as EURUSD, USDJPY, GBPUSD, and NZDUSD, as well as impact equity indices and commodities. Particular attention will be on the US inflation and labor market data, as they could influence the Federal Reserve's policy decisions for the remainder of the year. Economic Calendar
RBNZ Interest Rate Decision
09 Oct 2024 | Wed | 6:30 IST
Currency: NZD Importance: 3 Forecast: 4.75% Previous: 5.25% Notes: The Reserve Bank of New Zealand (RBNZ) governor decides where to set the rate. A reading stronger than forecast is generally supportive for the NZD. Historical Impact: NZDUSD NZDJPY
Crude Oil Inventories
09 Oct 2024 | Wed | 20:00 IST
Currency: USD Importance: 3 Forecast: - Previous: 3.889M Notes: Measures weekly change in commercial crude oil barrels. Higher inventories imply weaker demand, bearish for crude prices. Historical Impact: USOILX4
10-Year Auction Note
09 Oct 2024 | Wed | 22:30 IST
Currency: USD Importance: 3 Forecast: - Previous: 3.648% Notes: Represents yield on auctioned Treasury Note. Indicator of government debt situation. Historical Impact: USDJPY
FOMC Meeting Minutes
09 Oct 2024 | Wed | 23:30 IST
Currency: USD Importance: 3 Forecast: - Previous: - Notes: Detailed record of FOMC policy-setting meeting. Offers insights on monetary policy stance. Historical Impact: USDJPY
Core CPI (MoM) (Sep)
10 Oct 2024 | Thu | 18:00 IST
Currency: USD Importance: 3 Forecast: 0.20% Previous: 0.30% Notes: Measures price changes excluding food and energy. Key indicator for Fed's price stability mandate. Historical Impact: USDJPY
CPI (YoY) (Sep)
10 Oct 2024 | Thu | 18:00 IST
Currency: USD Importance: 3 Forecast: 2.30% Previous: 2.50% Notes: Measures change in consumer goods and services prices. Key for central bank's price stability role. Historical Impact: USDJPY
CPI (MoM) (Sep)
10 Oct 2024 | Thu | 18:00 IST
Currency: USD Importance: 3 Forecast: 0.10% Previous: 0.20% Notes: Measures monthly change in consumer prices. Important for Fed's inflation monitoring. Historical Impact: USDJPY
Initial Jobless Claims
10 Oct 2024 | Thu | 18:00 IST
Currency: USD Importance: 3 Forecast: - Previous: 225K Notes: Measures first-time unemployment insurance claims. Timely economic indicator. Historical Impact: USDJPY
30-Year Bond Auction
10 Oct 2024 | Thu | 22:30 IST
Currency: USD Importance: 3 Forecast: - Previous: 4.015% Notes: Represents yield on auctioned Treasury Bond. Indicator of long-term government debt situation. Historical Impact: USDJPY
GDP (MoM) (Aug)
11 Oct 2024 | Fri | 11:30 IST
Currency: GBP Importance: 3 Forecast: - Previous: 0.000% Notes: Measures monthly change in economic output. Key indicator of economic health. Historical Impact: GBPJPY
German CPI (MoM) (Sep)
11 Oct 2024 | Fri | 11:30 IST
Currency: EUR Importance: 3 Forecast: 0.000% Previous: -0.100% Notes: Measures change in German consumer prices. Important for ECB's price stability mandate. Historical Impact: EURJPY
PPI (MoM) (Sep)
11 Oct 2024 | Fri | 18:00 IST
Currency: USD Importance: 3 Forecast: 0.100% Previous: 0.200% Notes: Measures change in input prices. Affects consumer prices and monitored by central banks. Historical Impact: USDJPY

Source: Bloomberg, ADSS, News Articles, Company Research. Notes as of 5th October 2024, 8PM.

For historical data, please visit: https://quantwater.tech/resources