PriceAction LTD. Market Report

Market Report (September 05 – September 9) &

Upcoming Events September’22

September 05, 2022

Gross Domestic Product s.a. (CHF) 

Switzerland’s GDP grew by 0.3% in the second quarter of 2022, following an increase of 0.5% in the first quarter*. The recovery continued as expected. The value added to the services sector increased considerably … Read here…

Retail Sales (EUR)

According to estimates from Eurostat, the statistical office of the European Union, retail trade increased by 0.3% in July 2022 in both the euro area and the EU, compared with June 2022, according to estimates from Eurostat. In June 2022, the retail trade volume decreased by 1.0% in both the euro area and the EU… See More

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September 06, 2022

RBA Interest Rate Decision (AUD)

At its meeting today, the Board decided to increase the cash rate target by 50 basis points to 2.35%. It also increased the interest rate on Exchange Settlement balances by 50 basis points to 2.25%…. Read More

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ISM Services PMI (USD)

Economic activity in the services sector grew in August for the 27th month in a row — with the Services PMI® registering 56.9% — say the nation’s purchasing and supply executives in the latest Services ISM® Report On Business®. Read More…

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September 07, 2022

Gross Domestic Product (AUD)

Key Statistics

  1. The Australian economy rose 0.9% in seasonally adjusted chain volume measures 
  2. GDP rose 3.9% in 2021-22 
  3. The terms of trade rose 4.6% 
  4. Household saving ratio decreased to 8.7% from 11.1% … See More

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BoE Monetary Policy Report Hearings (GBP)

Wednesday 7 September 2022 at 10am

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Gross Domestic Product s.a.(EUR)

In the second quarter of 2022, seasonally adjusted GDP increased by 0.8% in the euro area and by 0.7% in the EU compared with the previous quarter, according to an estimate published by Eurostat, the statistical office of… See More

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BoC Interest Rate Decision (CAD) 

The Bank of Canada today increased its target for the overnight rate to 3¼%, with the Bank Rate at 3½% and the deposit rate at 3¼%. The Bank is also continuing its policy of quantitative tightening. See More

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September 08, 2022

Trade Balance (AUD)

Key statistics

  1. The seasonally adjusted balance on goods and services surplus decreased from $8,398m to $8,733m in July. 
  2. Goods and services credits (exports) fell $6,077m (9.9%) to $55,282m, driven by falls in Coal, coke and briquettes and Metals ores and minerals.
  3. Goods and services debits (imports) rose by $2,321m (5.2%) to $46,549m, driven by a rise in travel debits. ..See More…

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ECB Monetary Policy Decision Statement (EUR)

The Governing Council today decided to raise the three key ECB interest rates by 75 basis points. This major step front loaders the transition from the prevailing highly accommodative level of policy rates towards levels that will ensure the timely return of inflation to the ECB’s 2% medium-term target..… See More…

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The Fed’s Chair Powell’s speech  (USD)

Speeches of Federal Reserve Officials

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September 09, 2022

Consumer Price Index  (CNY)

In China, the most important components of the CPI basket are Food (31.8% of total weight) and Residence (17.2%). Recreation, Education and Culture Articles account for 13.8%; Transportation and Communication for 10%, Healthcare and Personal Articles for 9.6%, Clothing for 8.5%. See More…

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Net Change in Employment (CAD)

Employment declined by 40,000 (-0.2%) in August, and the unemployment rate rose by 0.5% points to 5.4%. Employment fell among youth aged 15 to 24 in August, primarily young women, as well as among people aged 55 to 64. Employment gains in various industries, including “other services”… See More…

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Upcoming Events

Sept 12, 2022

GDP 3-Month Avg (GBP)

Sept 13, 2022

Claimant Count Change (GBP)

Harmonized Index of Consumer Prices (EUR)

Consumer Price Index ex Food & Energy (USD)

Westpac Consumer Confidence Index (AUD)

Sept 14, 2022

PPI m/m (USD)

CPI y/y (GBP)

Sept 15, 2022

GDP q/q (NZD)

Employment Change (AUD)

Core Retail Sales m/m (USD)

Sept 16, 2022

Prelim UoM Consumer Sentiment (USD)

Retail Sales (CNY)

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Saheed Adeyemi

I will like to be part of your training.

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