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U.S. Inflation Data in Focus; Stock Market Rally Pauses; U.K. GDP and China Inflation Awaited

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Key Economic Indicators to Watch in the Coming Week

All eyes are on the U.S. as inflation data is set to be released, potentially impacting the Federal Reserve’s interest rate decisions. The stock market rally takes a pause as investors monitor consumer prices and Treasury yields. Meanwhile, the U.K. GDP data will shed light on the economy amid continued rate hikes. China’s inflation data may reveal deflation risks in its economy, while the Eurozone awaits industrial production figures.

U.S. inflation data:

Investors await July inflation data on Thursday to gauge price pressures and the likelihood of further interest rate hikes by the Federal Reserve. Lower numbers could influence Fed policymakers’ decisions.

Stock market rally pause:

Wall Street closes lower, with S&P and Nasdaq posting their biggest weekly declines since March. Equities’ trajectory depends on inflation data and Treasury yields.

U.K. GDP:

Second-quarter GDP data expected to show slight improvement, indicating a stagnant economy despite recent rate hikes by the Bank of England.

China inflation:

Trade figures and July inflation data to be released, with expectations of consumer price drop amid concerns over China’s economic outlook.

Eurozone data:

Germany’s industrial production data on Monday may indicate a decline due to weakened global demand.

SHREE METAL PRICES

  1. Federal Reserve interest rate
  2. Stock market rally
  3. U.K. economic growth
  4. China economic indicators