The upcoming week will see investors closely monitoring key economic events such as the release of the Federal Reserve minutes and the preliminary Purchasing Managers’ Index (PMI) figures from major global economies.
On Monday, attention will be on China’s People’s Bank of China (PBoC) interest rate decision and Germany’s Producer Price Index.
Key events include the Eurogroup meeting for the Eurozone and the release of the weekly US crude oil inventories report.
Wednesday will feature Japan’s Trade Balance, UK’s Consumer Price Index, US existing home sales, crude oil inventories, and most importantly, the Federal Open Market Committee (FOMC) meeting minutes.
Thursday is packed with significant data including Japan’s Manufacturing and Services PMI, Germany’s Composite PMI, Eurozone’s Manufacturing and Services PMI, UK’s Composite PMI, and the US initial jobless claims and Manufacturing PMI.
Ending the week, investors will focus on UK’s Retail Sales, Germany’s GDP, US Durable Goods Orders, University of Michigan Consumer Sentiment, and Michigan Consumer Expectations Index.
This week’s market movers have the potential to impact global markets, shaping investor sentiment and economic outlooks.
Stay tuned for updates on these key events.
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