The economic events that will mark the week in America

The meeting of central bankers in Jackson Hole (United States) focuses the attention of investors in a week in which indicators such as Argentina’s budget deficit or the balance of payments and foreign investment in Brazil will also be known.

These are the economic keys that will mark the week in America:

Monday 21

The People’s Bank of China holds its monetary policy meeting to decide whether to update benchmark interest rates.

Tuesday 22

Argentina publishes the budget deficit and the trade balance corresponding to July 2023.

South Africa is hosting the 15th Summit of Heads of State and Government of the BRICS group of emerging economies, which the African country is chairing this year and which also includes Brazil, Russia, India and China.

Wednesday 23

The American technology company Nvidia announces its results for the second quarter of the year.

The United States publishes data on new homes sold in July.

Thursday 24

The big central bankers begin the meeting that they hold annually in Jackson Hole (United States), which will be closely followed by the markets to try to anticipate the next movements in interest rates in the big economies.

The Central Bank of Mexico publishes the minutes of its last monetary policy meeting, in which it decided to maintain the reference interest rate at 11.25%.

In the United States, the durable goods orders for July are published.

India kicks off the G20 Trade and Investment Ministerial meeting on Thursday, which is being held over two days in the city of Jaipur.

In Paris, the OECD publishes the G20 foreign trade data.

Friday the 25th

In Jackson Hole (United States), the meeting of central bankers continues with a day in which the intervention of the president of the Federal Reserve, Jerome Powell, is scheduled.

The Central Bank of Brazil publishes the result of the current account balance and foreign direct investment in the month of July.

Source: EFE