• Week of central bank meetings in the UK, Japan, and the US
However, there are many interesting releases scheduled for later part of the week. FOMC meeting is the most important event with all eyes on Chair Powell's press conference for hints on new stimulus measures and details on the new average inflation target. Elsewhere, the BoE and the BoJ will announce their interest rate decision. On the data front, US unemployment claims, industrial production, retail sales, building permits and housing starts will also be in the spotlight. China will release industrial production, retail sales and fixed investment figures.
10:00 am BST – Eurozone Industrial Production. Expected: 4.0%. Previous: 9.1%
09:00 pm BST – Westpac Consumer Sentiment. Previous: 97.2
Daily summary: Wall Street rebounds after the sell-off 🔼 US dollar strengthens on solid NFP data, oil prices fall
BREAKING: US NFP much stronger than expected 📈 US Dollar and treasuries yields surge
EURUSD loses ground ahead of NFP
BREAKING: BoE raises interest rates by 25pbs to 4%⏰