It looks set to be another interesting week ahead for investors as they have some key data points due to be released as well as more updates from central bankers. The week is likely to start out relatively slowly with Bank Holidays again in major centres, however the pace should pick up as the week progresses and will culminate on Friday with the release of the Fed’s favoured inflation data, the Core PCE Price Index.
US stock market indices remain trading at elevated levels, and this data could play a pivotal role in medium-term direction as market debate continues when the Fed will start to ease interest rates.
Here is our highlights table of scheduled risk events in the major economies:
Monday
- Bank of Japan Governor Kazuo Ueda Speaks
- UK Bank Holiday
- US Bank Holiday
Tuesday
- Australia – Retail Sales Data
- Swiss National Bank Chairman Thomas Jordan Speaks
- US – CB Consumer Confidence Data
Wednesday
- Australia – CPI Data
- EU – German Prelim CPI Data
Thursday
- Switzerland – Quarterly GDP Data
- EU – Spanish Flash CPI Data
- US – Prelim GDP Data
- US – Unemployment Claims Data
- US – Pending Home Sales
Friday
- Japan – Tokyo Core CPI Data
- China – Manufacturing and Non-Manufacturing PMI Data
- EU – Euro Flash CPI Data
- Canada – GDP Data
- US – Core PCE Price Index Data
