In terms of risk evens the week ahead is cooling down and the previous week sentiment is likely to prevail. So here are few of the economic data scheduled for release this week:

  • US Economic data:

  1. Retail Sales: Market expectation is for a raise by 0.4% from previous reading of just 0.1%;
  2. Core PPI: The market is expected the figure to came up by 0.1%, with modest gains in energy and food prices.
  3. Consumer Sentiment: Is expected to continue the uptrend and to come in at 83%, up 1%.

  • EU Economic data:

  1. Eu zone industrial production: Market expectation is for a raise by 0.3%;
  2. Italian industrial production: Market is expected to have grown by 0.3%;
  3. Uk industrial production: Market is expect to have grown by 0.6%, driven by manufacturing sector;

Thursday we have another big risk event as RBNZ announce his interest rate decision. The market is expected RBNZ to continue on the path of further raising rates by 0.25% to 3.25%.


Best Regards,
Daytrader21
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