In the US, the Fed will publish its meeting minutes, which are expected to provide further details on the bank’s outlook for monetary policy. Investors will also be closely watching retail sales, industrial production, Michigan consumer sentiment, building permits and housing starts, export and import prices, business inventories, overall net capital flows, NY Empire State Manufacturing index, NAHB Housing Market index and Philadelphia Fed Manufacturing index.
Forex Week Ahead
In the UK, markets will focus on inflation figures, unemployment rate and retail sales. Elsewhere in Europe, important releases include GDP growth for the Eurozone, Germany, Italy, the Netherlands, Poland, Finland and Denmark, as well as French jobless rate. The Eurozone’s industrial output and inflation will also be in the spotlight.
In Japan analysts are eyeing GDP growth, industrial production and trade figures. Meanwhile in China, investors will be waiting for retail sales, industrial production, fixed asset investment and house prices. Other important key data across Asia include India inflation and wholesale prices; and Israel, Philippines and Malaysia GDP growth.
Traders will also be looking to Canada inflation rate; and Brazil retail trade.
In Australia, the most important releases are RBA meeting minutes, employment data and wage price index.