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This Week’s Key Events: Fed’s July FOMC Minutes, China Loan Prime Rates

Suehyeon Lee

Summary

  • The Fed's July FOMC minutes and China's loan prime rates are due this week.
  • Major U.S. data releases scheduled this week include housing starts, building permits, industrial production and the Leading Economic Index.
  • There are no major cryptocurrency events scheduled from Aug. 17 through Aug. 21.

Forecast Trend Report by Period

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Key economic events this week

▶︎Monday, Aug. 17: △South Korean markets closed for the substitute holiday marking Liberation Day △August New York Empire State Manufacturing Index (9:30 p.m. Korea Standard Time) △August NAHB Housing Market Index (11 p.m. Korea Standard Time)

▶︎Tuesday, Aug. 18: △U.S. housing starts for July (9:30 p.m. Korea Standard Time) △U.S. building permits (9:30 p.m. Korea Standard Time) △U.S. industrial production for July (10:15 p.m. Korea Standard Time) △U.S. pending home sales for July (11 p.m. Korea Standard Time)

▶︎Wednesday, Aug. 19: △U.S. crude oil inventories (11:30 p.m. Korea Standard Time) △Minutes of the Federal Open Market Committee's July meeting (3 a.m. Korea Standard Time on Aug. 20) △China's August five-year loan prime rate △People's Bank of China loan prime rates

▶︎Thursday, Aug. 20: △August Philadelphia Fed manufacturing index (9:30 p.m. Korea Standard Time) △U.S. weekly initial jobless claims (9:30 p.m. Korea Standard Time) △Conference Board's U.S. Leading Economic Index for July (11 p.m. Korea Standard Time)

▶︎Friday, Aug. 21: △Preliminary August S&P Global U.S. manufacturing and services purchasing managers' indexes (10:45 p.m. Korea Standard Time)

Key cryptocurrency events this week

▶︎Monday, Aug. 17: △No major events

▶︎Tuesday, Aug. 18: △No major events

▶︎Wednesday, Aug. 19: △No major events

▶︎Thursday, Aug. 20: △No major events

▶︎Friday, Aug. 21: △No major events

#Economic Indicators
#Federal Reserve
#Macroeconomy
Suehyeon Lee

Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.

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