The attempted assassination of former US President Trump is expected to cause jitters early in the week, with investors seeking safe-haven assets. Keep an eye on important economic releases throughout the week, including Chinese GDP and Industrial Production, Canadian and US inflation data, UK employment figures, and US Retail Sales. The European Central Bank’s interest rate decision will be a major event, while comments from Fed Chair Jerome Powell and other policymakers could influence markets.
Monday:
- Markets will react to the shocking news of the assassination attempt on former President Trump.
Tuesday:
- China’s economic data, including GDP and industrial production, will also be released.
- Later in the day, keep an eye on the Empire State Manufacturing Index and a speech by Fed Chair Jerome Powell.
Wednesday:
- Key Canadian inflation data (CPI) alongside US Retail Sales figures on Wednesday.
Thursday:
- New Zealand, UK, and US release inflation figures, with additional US data on building permits and industrial production.
- US: Building permits and industrial production data followed by comments from FOMC member Christopher Waller.
Friday:
- Australian employment numbers are the star of the show in the morning.
- The European Central Bank’s interest rate decision and press conference will be closely watched in the afternoon.
- The US session wraps up the week with unemployment claims and manufacturing data, followed by comments from Federal Open Market Committee members.
- US: Weekly jobless claims and Philly Fed Manufacturing Index data released.
Watch Out For:
- Retail sales data from the UK and Canada could cause some volatility on Friday.
- Stay tuned for late remarks from FOMC members Williams and Bostic before the weekend.
Categories: Market News
