TRADERSAND INVESTORS AWAIT RATE DECISIONS AND INFLATION DATA
During the upcoming week traders and investors look to key interest rate decisions from the Bank of Canada, Bank of Japan and the Reserve Bank of New Zealand and also the CPI inflation report from the United States economy. US CPI is not predicted to be as high as last month, while the Bank of Canada could taper QE this week, following last Friday’s blockbuster monthly jobs report.
Key events: Monday 12th July, Japanese Producer Price Index
Tuesday 13th July, US Consumer Price Index
Wednesday 14th July, Bank of Canada Rate Decision
Thursday 15th July, FED Chair Powell Testimony
Friday 16th July, Bank of Japan Interest Rate Decision
