Markets are buzzing with anticipation for the Fed’s easing cycle starting in March, fueled by recent data and dovish sentiment. Here’s a quick glimpse at what’s on tap this week:
Key events:
- China data dump: Watch for Q4 GDP, retail sales, and property figures on Wednesday. Soft numbers could spark volatility.
- UK on the spotlight: Employment, inflation, and retail sales data coming out this week – GBPUSD key levels to watch are 1.2675 (support) and 1.2760 (resistance).
- Fed speakers: Christopher Waller’s speech on Tuesday could offer further clues about the easing timeline.
- US retail sales: A weak report on Wednesday could boost gold and weigh on the USD.
- Japan inflation and BoJ decision: Inflation data on Thursday might influence the central bank’s rate decision next week.
Other things to keep an eye on:
- US earnings: Goldman Sachs and Morgan Stanley report this week.
- US politics: Iowa Caucuses on Monday could offer insights into the presidential race.
- Options expiry: Equity index and VIX expiry this week could lead to higher volatility.
Focus:
- British Pound: Several key reports could impact GBPUSD.
- Japanese Yen: Inflation data and the BoJ decision are crucial this week.
Check out this week’s Economic Calendar here!
Categories: Market News
