The markets are awaiting many important economic data during the current week, which began today, Monday, June 14 (June 14), led by a meeting of three central banks and the announcement of their monetary policy (the US Federal Reserve – the Bank of Japan – the Swiss National Bank) in addition to many separate economic data such as US retail sales and data Growth from New Zealand and labor market data from Australia. US Federal Bank: The meeting of the members of the US Federal Reserve will begin tomorrow, Tuesday, June 15, and the results of the meeting and the economic expectations of the members of the committee for the next period will be announced on Wednesday, June 16, in the American session, followed by half an hour’s press conference for the head of the bank. The bank is not expected to change its monetary policy during the current meeting, but the markets will wait for any statements regarding the bank’s purchases of assets and whether the bank will start reducing its size after the recent rise in inflation, in addition to any update on the first rate hike. At the same time, members of the Open Market Committee will release their individual forecasts for interest rates, GDP growth, unemployment and inflation for the first time since last March. Central Bank of Japan: The Bank of Japan will announce its monetary policy during the current week on June 17-18, as the bank is expected to maintain its monetary policy on interest rates at current levels -0.10%, although the Japanese economy is still weak due to the recent wave of the Corona virus as Japan exited the state of emergency imposed on it since the end of April to limit the spread of the Indian strain of the virus on May 31. The data had shown a contraction of the Japanese economy in the first quarter of this year at an annual rate of 5.1% in the first contraction in three quarters. Therefore, the markets will monitor the statements of the Governor of the Bank of Japan Kuroda in his press conference, which will follow the announcement of the statement on Friday. There are any expectations that the bank will strengthen its easing policies in the coming period. Swiss National Bank: Thursday, June 17 With the beginning of the European session, the Swiss National Bank will announce its monetary policy and interest rates, as the bank is also expected to keep interest rates at the current negative levels of -0.75% and to maintain monetary policy. The latest data issued by the Swiss economy showed a decline in GDP growth in the first quarter of this year by 0.5%, affected by the services and consumption sector affected by the partial closure in Switzerland in the first quarter of this year. The value of the Swiss franc has also risen since the bank’s last meeting in May, by more than 100 points, with an increase in demand for the currency, which is one of the most important safe havens in the markets. Therefore, the markets will wait to see if the Swiss National Bank will take some measures to control these rises. Miscellaneous data during the week: Today, Monday, we will witness statements by Bank of England Governor Bailey in the American period. Tuesday, the results of the Monetary Policy Committee meeting of the previous meeting will be released in the Asian session – from Britain, labor market data will be announced (unemployment rate – average income index – change in unemployment benefits) – in the American session, retail sales and producer price index will be announced in the United States of America . Wednesday, the unemployment rate and retail sales from China will be announced in the Asian session – Inflation data (consumer and producer price index) from Britain will be announced in the European period – In the American session, Canadian inflation data will be announced in addition to crude oil inventories and the US Federal Reserve will announce its policy cash at the end of the session. Thursday in the Asian session, growth data will be announced from New Zealand in addition to labor market data (unemployment rate – change in employment) from Australia – in the European period, the Swiss National Bank will curse its monetary policy. On Friday, the Bank of Japan will announce its monetary policy as well as retail sales from Britain. To view the full

economic calendar through the website www.fayezalajmi-4x.com on the link below Economic Calendar (fayezalajmi-4x.com)