Investing

India CPI, FOMC Minutes, UK CPI Among Key Events in Holiday-Truncated Week


By Malvika Gurung

Investing.com — The Indian market closed the August 11-ended week with losses for the third time in a row. Headline indices and declined 0.45% and 0.61%, respectively in the period amid mixed data from global as well as domestic markets.

Investors on Dalal Street will remain laser-focused on India’s for July, along with numbers on the domestic economic front.

The held on July 25 and 26, 2023, the monthly print, and the data for July will fall among key macroeconomic releases in the global markets.

Indian markets will remain closed on Tuesday on account of Independence Day.

Amid rising inflation concerns, investors are closely monitoring the domestic CPI data for July, which is projected to show a significant increase due to rising food prices, stated Vinod Nair, Head of Research at Geojit Financial Services, in a note provided to Investing.com.

August 14

  • India CPI for July: Investing.com forecast at 6.4%
  • India WPI Inflation (July): forecast at -2.7%
  • Japan : forecast at 3.1%
  • China Industrial Production (July): forecast at 4.5%

August 15

  • India
  • US Retail Sales (July): Investing.com forecast at 0.4%
  • UK (June)
  • UK Claimant Count Change (July): forecast at 7.3K
  • US for July

August 16

  • US FOMC Meeting Minutes
  • UK CPI (July): Investing.com forecast at 6.8%
  • US (July): forecast at 1.46 million
  • US (July)
  • US Inventories
  • Japan (July): forecast at 24.6 billion

August 17

  • US
  • Japan (July): Investing.com forecast at 3.1%
  • Fed’s Balance Sheet

August 18

  • India , USD
  • UK Retail Sales for July



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