Account

New to ADSS? Open an
account now to get started.

OR

Already have an account?

Add funds to your ADSS account

Account

New to ADSS? Open an
account now to get started.

Add funds to your ADSS account

Trends & Analysis
News

Week Ahead Preview: 17th of February

News

Europe stocks hit record high on strong earnings

News

BRIC currencies mostly gain as US inflation rises

News

Refresh your portfolio with Coca-Cola?

News

GBP/USD price may rally to multi-week high

News

EIA ups oil output forecast, but supply fears loom

Trends & Analysis
News

Week Ahead Preview: 17th of February

News

Europe stocks hit record high on strong earnings

News

BRIC currencies mostly gain as US inflation rises

News

Refresh your portfolio with Coca-Cola?

News

GBP/USD price may rally to multi-week high

News

EIA ups oil output forecast, but supply fears loom

Weekly Market Preview

Week Ahead Preview:

19th of August

 

Monday, 19 August 2024

The year-over-year U.S. Consumer Price Index (inflation rate) has dropped to its lowest level in more than three years, falling below the 3% mark. This decline opens the door for a potential interest rate cut by the Federal Reserve in its September meeting. The main question now is whether the Fed will choose a 25-basis point cut or opt for a larger 50-basis point reduction, given the recent weakening of the U.S. labor market. The latest jobs report showed the unemployment rate rising to 4.3%, an increase of half a percentage point over the past year and signalled the possibility of an economic recession.

Market participants will look for further guidance on the Fed’s monetary policy in the Fed Chair’s speech at the Jackson Hole symposium for central banks later this week. Additionally, the upcoming August jobs report will be closely monitored to assess whether the labour market’s recent softness continues, potentially requiring additional economic stimulus.

This week, investors will closely analyse the minutes from the Federal Reserve’s previous meeting, which will provide valuable insights into members’ perspectives on the U.S. economy and the future course of monetary policy. Particular focus will be on the number of members advocating for an accelerated initiation of interest rate cuts. Additionally, preliminary data for the U.S. Purchasing Managers’ Index (PMI) for the manufacturing and services sectors in August will be released. These figures will help assess the overall health of the U.S. economy. A manufacturing PMI reading above 50 would signal a shift from contraction to expansion, reducing concerns about an imminent recession. The same positive outlook would apply if the services sector PMI remained above 50.

Economic Data Highlights (UAE time)

 

Monday, 19th of August

  • Fed Waller Speech

Tuesday, 20th of August

  • RBA Meeting Minutes
  • EUR – Inflation Rates (Jul)
  • CAD – Inflation Rates (Jul)
  • Fed Bostic Speech

Wednesday, 21st of August

  • JPY – Balance of Trade (Jul)
  • CAD – Housing Price Index (Jul)
  • FOMC minutes

Thursday, 22nd of August

  • AUD – Manufacturing & Services PMI Flash (Aug)
  • EUR – Manufacturing & Services PMI Flash (Aug)
  • GBP – Manufacturing & Services PMI Flash (Aug)
  • USD – Manufacturing & Services PMI Flash (Aug)
  • EUR – Consumer Confidence Flash (Aug)
  • USD – Existing Home Sales (Jul)

Friday, 23rd of August

  • AUD – Retail Sales (Q2)
  • GBP – Consumer Confidence Flash (Aug)
  • JPY – Inflation Rates (Jul)
  • Fed Chair Speech at Jackson Hole Symposium
  • USD – New Home Sales (Jul)

Site by Pink Green
© ADSS 2025


Investing in CFDs involves a high degree of risk that you will lose your money due to the use of leverage, particularly in fast moving markets, where a relatively small movement in the price can lead to a proportionately larger movement in the value of your investment. This can result in loses that exceed the funds in your account. You should consider whether you understand how CFDs work and you should seek independent advice if necessary.

ADS Securities LLC – S.P.C (“ADSS”) is authorised and regulated by the Securities and Commodities Authority (“SCA”) in the United Arab Emirates under First Category: Dealing in Securities and Fifth category: Arrangement and advice (Introduction). ADSS is a Limited Liability Company – Sole Proprietorship Company incorporated under United Arab Emirates law. The company is registered with the Department of Economic Development of Abu Dhabi (No. 1190047) and has its principal place of business at 8th Floor, CI Tower, Corniche Road, P.O. Box 93894, Abu Dhabi, United Arab Emirates.

The information presented is not directed at residents of any particular country outside the United Arab Emirates and is not intended for distribution to, or use by, any person in any country where the distribution or use is contrary to local law or regulation.

ADSS is an execution only service provider and does not provide advice. ADSS may publish general market commentary from time to time. Where it does, the material published does not constitute advice, or a solicitation, or a recommendation to a transaction in any financial instrument. ADSS accepts no responsibility for any use of the content presented and any consequences of that use. No representation or warranty is given as to the completeness of this information. Anyone acting on the information provided does so at their own risk.