Next week, all eyes will be on the U.S. inflation data after the recent employment figures eased immediate concerns about the labor market.
Geopolitics remains in the spotlight amid hopes for an end to the conflict in the Middle East, as Trump prepares to meet with the Chinese president in Beijing.
In this context, the U.S. CPI inflation data could provide clues about the rate outlook after soaring energy prices driven by the war led traders to rule out rate cuts this year, while recent Fed comments have turned more hawkish.
Additional U.S. data, including producer prices and retail sales, could offer more signals on how inflation trends and rising gasoline and energy costs are impacting consumer spending.
Ready for the new trading week?
Geopolitics remains in the spotlight amid hopes for an end to the conflict in the Middle East, as Trump prepares to meet with the Chinese president in Beijing.
In this context, the U.S. CPI inflation data could provide clues about the rate outlook after soaring energy prices driven by the war led traders to rule out rate cuts this year, while recent Fed comments have turned more hawkish.
Additional U.S. data, including producer prices and retail sales, could offer more signals on how inflation trends and rising gasoline and energy costs are impacting consumer spending.
Ready for the new trading week?
