Compared to the busy previous week, this week’s economic calendar is lighter, offering investors a chance to catch their breath. However, several key events could still impact markets, particularly on Tuesday and Thursday.



  • Calmer trading week expected after a busy previous one.
  • Asian markets buoyed by Chinese return and holiday spending.
  • US inflation print could pressure other regional markets.



  • Expect a quiet start with no major data releases. Markets will likely take cues from Friday’s US inflation data, which drove risk aversion.



  • Australia: RBA minutes released at 12:30 AM GMT. While not expected to reveal much new, they could offer insights into the central bank’s future policy stance.
  • China: PBOC announces Loan Prime Rate changes.
  • Canada: Latest CPI data released.



  • Global: Flash PMI data for services and manufacturing released across Australia, France, Germany, Europe, UK, and US. Look for potential market reactions to any surprises.
  • US: Weekly jobless claims and Existing Homes Sales data released.
  • Canada: Retail Sales data released.
  • Eurozone: German Ifo Business Climate data released.



  • New Zealand: Retail Sales data released.
  • Japan: Markets closed for Emperor’s birthday holiday.


Key Events to Watch:

  • RBA Minutes: Traders will be looking for clues about the central bank’s future rate hike intentions.
  • Fed Minutes: These could influence expectations for the timing and pace of US rate cuts.
  • Global PMIs: Deviations from forecasts could move markets, particularly in the UK where a miss could push GBP lower.

Categories: Market News

Leave a Reply