The Week Ahead - And Publishing Freedom!

 Hello everyone - I've now finished all my internships for the year and this means that I can return to publishing freedom! Hoorah. Let's quick things off again on my blog with the week ahead, looking at the key market events to watch this week.

Please follow me on Twitter @LukeYoungInvest where I will try to post a fair few live updates through the day on the markets I'm watching / trading. 

This week I might be a little less active from the trading screens as I try to recuperate a little post a busy 10 weeks on internship, but thereafter I'll be at the screens more often. 

Happy Trading. 

The Week Ahead: 

Over the weekend, lots of the news coverage continued to examine Afghanistan evacuation efforts. The Biden team also launched strikes against a few more targets in Kabul. The UK ended its presence in the country after 20 years, and the US evacuation effort was also drawing to a close. 

In Europe, the Social Democrats overtook Merkel’s Bloc in a Poll again, raising concerns for outgoing Chancellor Merkel’s Party in upcoming September elections. 

Next Week the focus will likely be on Nonfarm Payrolls data coming Friday at 1330 which will further indicate whether the Fed has made substantial further progress toward its goals. 

Economic Calendar Highlights: 

Monday: Quiet day - US Pending Home Sales / Dallas Fed 

Tuesday: Japan Jobless Rate & Industrial Production, Eurozone CPIs, Canadian GDP, US Chicago PMI & Consumer Confidence 

Wednesday: Australia Q2 GDP, UK House Prices, US ADP & ISM 

Thursday: Switzerland CPI & GDP, Eurozone PPIs, US Initial Jobless Claims

Friday: Norway Unemployment Rate, Eurozone Retail Sales, US Nonfarm Payrolls, 

Non-Sequitur: 

August is peach month, so here’s a random fact about peaches. South Carolina, despite being associated with the fruit, produces only 54000 tonnes a year - dwarfed by California’s 500k +. The US is a laggard though, supplying only 5% of the global total. We really on China for peaches - who produce 45%.