A Week in the Market: Investors Will Require Strength (28 August – 1 September)
<div><img width="360" height="360" src="https://blog.roboforex.com/wp-content/uploads/2023/08/28.08.2023-360×360.jpg" class="attachment-thumbnail size-thumbnail wp-post-image" alt="A Week in the Market: Investors Will Require Strength (28 August – 1 September)" decoding="async" loading="lazy" style="margin-bottom: 15px;" /></div><p>There will be little news until Wednesday this week, allowing investors time to prepare for Thursday and Friday when a substantial volume of statistics is expected to be released.</p>
<h2>USD: employment market data</h2>
<figure><img decoding="async" loading="lazy" width="1200" height="627" src="https://blog.roboforex.com/wp-content/uploads/2021/01/usd-1.jpg" alt="USD: employment market data" class="wp-image-6662" srcset="https://blog.roboforex.com/wp-content/uploads/2021/01/usd-1.jpg 1200w, https://blog.roboforex.com/wp-content/uploads/2021/01/usd-1-360×188.jpg 360w, https://blog.roboforex.com/wp-content/uploads/2021/01/usd-1-768×401.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></figure><p>The US will publish employment data for August. Market participants typically consider these statistics as an influencing argument for the Federal Reserve to raise the <a href="https://blog.roboforex.com/blog/2019/10/22/trading-news-how-to-earn-on-interest-rates/" data-internallinksmanager029f6b8e52c="90" title="Interest rate">interest rate</a> or keep it at the same level. However, this time, the data is more likely to reflect the ongoing economic conditions in the country’s economy. USD continues to maintain a strong position.</p>
<h2>China: focus on risk</h2>
<figure><img decoding="async" loading="lazy" width="1200" height="627" src="https://blog.roboforex.com/wp-content/uploads/2019/10/china-gdp-1200×627.jpg" alt="China: focus on risk" class="wp-image-1621" srcset="https://blog.roboforex.com/wp-content/uploads/2019/10/china-gdp.jpg 1200w, https://blog.roboforex.com/wp-content/uploads/2019/10/china-gdp-360×188.jpg 360w, https://blog.roboforex.com/wp-content/uploads/2019/10/china-gdp-768×401.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></figure><p>China is set to have notable macroeconomic activity. Any robust reports will bolster assets linked to risk exposure. It is worth paying attention to the manufacturing and services PMIs.</p>
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<h2>EUR: ready for a pause</h2>
<figure><img decoding="async" loading="lazy" width="1200" height="627" src="https://blog.roboforex.com/wp-content/uploads/2022/01/EURO.jpg" alt="EUR: ready for a pause" class="wp-image-11306" srcset="https://blog.roboforex.com/wp-content/uploads/2022/01/EURO.jpg 1200w, https://blog.roboforex.com/wp-content/uploads/2022/01/EURO-360×188.jpg 360w, https://blog.roboforex.com/wp-content/uploads/2022/01/EURO-768×401.jpg 768w, https://blog.roboforex.com/wp-content/uploads/2022/01/EURO-150×78.jpg 150w" sizes="(max-width: 1200px) 100vw, 1200px" /></figure><p>The Eurozone is preparing to release the unemployment and <a href="https://blog.roboforex.com/blog/2022/06/30/what-is-inflation-reasons-and-consequences/" data-internallinksmanager029f6b8e52c="220" title="Inflation">inflation</a> statistics for August. The <a href="https://blog.roboforex.com/blog/2021/08/25/what-is-consumer-price-index-and-how-to-use-it-in-forex/" data-internallinksmanager029f6b8e52c="197" title="CPI">CPI</a> is expected to have decreased to 5.1% from the previous 5.3% y/y. An improving price situation could be an argument for the ECB to take a pause in the series of interest rate hikes. The <a href="https://roboforex.com/beginners/info/charts/forex/eurusd/" data-internallinksmanager029f6b8e52c="35" title="EUR/USD">EUR</a> is ready for it.</p>
<h2>AUD: awaiting positive news from China</h2>
<figure><img decoding="async" loading="lazy" width="1200" height="627" src="https://blog.roboforex.com/wp-content/uploads/2020/08/aud-1200×627.jpg" alt="AUD: awaiting positive news from China" class="wp-image-5224" srcset="https://blog.roboforex.com/wp-content/uploads/2020/08/aud.jpg 1200w, https://blog.roboforex.com/wp-content/uploads/2020/08/aud-360×188.jpg 360w, https://blog.roboforex.com/wp-content/uploads/2020/08/aud-768×401.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></figure><p>Australia is set to release information on building permits, private capital expenditure, and housing loans. The <a href="https://roboforex.com/beginners/info/charts/forex/audusd/" data-internallinksmanager029f6b8e52c="33" title="AUD/USD">AUD</a> positions appear weakened, and without favourable news from China, the Australian dollar (Aussie) will remain under pressure.</p>
<h2>GBP: the downtrend persists</h2>
<figure><img decoding="async" loading="lazy" width="1200" height="627" src="https://blog.roboforex.com/wp-content/uploads/2019/10/gbp-1200×627.jpg" alt="GBP: the downtrend persists" class="wp-image-1620" srcset="https://blog.roboforex.com/wp-content/uploads/2019/10/gbp.jpg 1200w, https://blog.roboforex.com/wp-content/uploads/2019/10/gbp-360×188.jpg 360w, https://blog.roboforex.com/wp-content/uploads/2019/10/gbp-768×401.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></figure><p>The UK is to release statistics on the Nationwide housing price index in August. The <a href="https://roboforex.com/beginners/info/charts/forex/gbpusd/" data-internallinksmanager029f6b8e52c="36" title="GBP/USD">GBP</a> is following a medium-term downtrend, lacking compelling reasons for a reversal at this stage.</p>
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<a href="https://my.roboforex.com/en/register/">Open Trading Account</a></p><p>The post <a rel="nofollow" href="https://blog.roboforex.com/blog/2023/08/28/a-week-in-the-market-investors-will-require-strength-28-august-1-september/">A Week in the Market: Investors Will Require Strength (28 August – 1 September)</a> appeared first at <a rel="nofollow" href="https://blog.roboforex.com">R Blog – RoboForex</a>.</p>
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