It is another relatively heavy data week ahead for traders this week and markets are preparing for more volatility across the board. There is a break from major central bank rate announcements which have caused some sharp moves in the last couple of weeks, but we do have some key data points that will have a bearing on those decisions in the coming weeks and months. There is a raft of inflation data due out across the breath of the week, culminating in the Fed’s favourite inflation data point, the PCE Price Index coming on Friday.
Here is our highlights table of scheduled risk events in the major economies for the week ahead:
Monday
- New Zealand – Trade Balance Data
- US – FOMC Member Waller Speaks
- EU – German Ifo Business Climate Data
- Canada – Bank of Canada Governor Macklem Speaks
Tuesday
- Japan – Bank of Japan Core CPI Data
- Canada – CPI Data
- US – Consumer Confidence Data
Wednesday
- Australia – CPI Data
- US – New Home Sales Data
- US – Crude Oil Inventories Data
Thursday
- UK – Financial Stability Report
- UK – Bank of England Governor Bailey Speaks
- US – Quarterly GDP Data
- US – Weekly Unemployment Claims Data
- US – Durable Goods Data
- US – Pending Home Sales Data
Friday
- Japan – Tokyo Core CPI Data
- EU – Spanish Flash CPI Data
- Canada – Monthly GDP Data
- US – Core PCE Price Index Data
- US – Revised University of Michigan Consumer Sentiment Data
- US – Revised University of Michigan Inflation Expectations Data
