RBI MPC, US CPI, UK GDP Among Key Economic Triggers in Busy Week

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RBI MPC, US CPI, UK GDP Among Key Economic Triggers in Busy Week
Credit: © Reuters.

By Malvika Gurung

Investing.com -- The domestic market closed the August 4-ended week with losses for the second week in a row. Headline indices Nifty and Sensex declined 0.66% each during the period amid a negative global market mood.

Investors on Dalal Street will remain laser-focused on the Reserve Bank of India’s interest rate decision this week, as the central bank’s Monetary Policy Committee (MPC) will convene their three-day meeting on Tuesday. This is likely to induce some volatility in the market.

According to Investing.com estimates, RBI is expected to maintain its policy rates at 6.5%, keeping it unchanged.

The domestic market will also enter the last leg of the June quarterly earnings season this week. Further, the US CPI data for July, along with UK GDP for the June quarter will be closely tracked by markets globally.

August 7

August 8

August 9

  • US Crude Oil Inventories
  • Japan PPI (Jul): Investing.com forecast at 3.5%

August 10

August 11

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