Important Note!
We use cookies to ensure you get the best experience on our website.
By clicking ‘Agree,’ you accept our use of cookies as outlined in our cookies policy
Key Upcoming Events:
US Inflation Data and Retail Sales: U.S. inflation metrics take the spotlight for the upcoming week, with the Producer Price Index (PPI) due Tuesday and the Consumer Price Index (CPI) on Wednesday. A moderation in inflation could signal potential interest rate cuts later in the year. Additionally, Wednesday’s retail sales data, projected to reflect a slowdown to 0.4% growth, will offer more insights into consumer spending and economic conditions.
Jerome Powell’s Speech: Before the release of the CPI data, Fed Chair Jerome Powell is scheduled to speak. His comments could provide crucial insights into the Federal Reserve’s outlook and influence market expectations ahead of the inflation report.
UK Employment and Wage Data: In the UK, the focus will be on upcoming employment and wage figures. The Bank of England has shown increasing openness to rate cuts, with more MPC members supporting a decrease. The severity of any downturn in employment and wage data could accelerate the BoE’s rate cut decision, potentially as early as June.
German and Eurozone Data: German economic sentiment and inflation numbers, along with Eurozone GDP and inflation updates, will be key drivers for the EUR this week. Positive data may reduce the urgency for further ECB rate cuts.
This week the markets will be closely following economic data & earnings reports such as:
Monday:
Tuesday:
Wednesday:
Thursday:
Friday: