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The week ahead could be somewhat quiet after the conclusion of the monetary policy meetings of most central banks. Investors look to the data which includes inflation, GDP estimates, and employment across various corners.
A slow week in the US will see only the consumer price index report and the monthly retail sales data as the main economic data points of interest. Closer to the end of the week, industrial production and housing-related data will be coming out.
In the eurozone, the second revised estimates on the second-quarter GDP will be coming out this week. The GDP figures could remain unchanged. The flat expectations come as the eurozone’s economy is already known to have risen at a slower pace compared to the first quarter of the year. Investors will be looking to assess the impact of the weak data on the ECB.
Australia will be reporting on its monthly labor market statistics this week. The RBA has...
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