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market outlook

Traders will be looking to a somewhat quiet week.

Besides the Reserve Bank of New Zealand’s monetary policy meeting, there aren’t that many market-moving events.

A host of economic reports will, however, keep traders busy. Data includes the final revised GDP figures from the US, including the durable goods orders report and the personal income and spending data.

ECB President Mario Draghi is due to speak mid-week. His scheduled speech comes just two weeks after the ECB restarted its QE program and cut the key deposit rate. For the EURUSD currency pair which has been trading rather flat, this could be an opportunity.

On the geopolitical front, developments on the Saudi oil field attacks and Brexit will likely keep investors on edge.

Here’s a brief look at the key economic events coming up for the week ahead.

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