• Second-tier US and Canada data will be released in the afternoon
Looking out further this week, volatility in precious metals, the upcoming OPEC+ meeting, and virus headlines will remain among the key factors to watch out for. Also three central bank announcements will be released this week. On Wednesday, the People's Bank of China announces its benchmark prime interest rates. Also on Wednesday, FED will releases the minutes from its last meeting, while on Thursday the European Central Bank releases minutes from its last meeting. Investors will look out for any news regarding the extent of the economic damage and how central bankers intend to support the recovery.
01:30 PM BST - US Empire State Manufacturing Index. Expected 14.6. Previous 17.2
03:00 PM BST - US NAHB Housing Market Index. Expected 74. Previous 72
09:00 PM BST - US TIC Long-Term Purchases. Expected 108.0B. Previous 127.0B
US OPEN: Wall Street declines deepens
The Michigan Sentiment Index highlights concerns about a short-term spike in U.S. inflation💡
Economic Calendar: A Calm End to the Week for Markets
Consumer sentiments fall in Germany and France amid rising energy prices
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