• 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
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