Last week was very interesting for the markets, as we saw the releases of the US Inflation and Disney’s earnings report. So let's see what we should await this week!
Euro Area’s CPI Flash Estimate
|Euro area’s annual inflation was 1.3% in July 2017, stable compared with June. Although this reading seems to be much higher than 0.2%, which was recorded a year ago, there’s still a growing unease that inflation remains inexplicably low.|
|As the European Central Bank is getting closer to exit from its excessive monetary stimulus program, inflation figures from the euro zone will become even more important than before. CPI growth has to increase for the ECB to start reducing stimulus and for the EUR to keep gaining. That’s why you need to pay great attention to the region’s CPI release at 12:00 MT time on September 29. There will be trading opportunities for the EUR.|
The volatility that the markets experienced last week promises the second tidal wave! What should your favorite assets anticipate during the first week of February?
The Eurozone will publish the Indicator of GfK Consumer Confidence on November 25, at 09:00 GMT+2.
The Reserve Bank of New Zealand will publish a monetary policy report and make an update on the interest rate on May 25, at 05:00 GMT+3.
The Australian Bureau of Statistics will announce the updated Unemployment Rate and Employment Change data on Thursday, May 19, at 04:30 MT.
The UK Office for National Statistics will publish Consumer Price Index (CPI) data on Wednesday, May 18, at 09:00 MT.