A few big central banks will take the spotlight this week, delivering their interest rate announcements. Also, the focus remains on Brexit negotiations and Italy’s budget plan, both of which would add their touch to the markets.
Monday will be a quiet day in regards to economic data releases. No major market moving data are expected to come out. The only thing that everyone should be on a look out is any news coming out of Italy, as it is expected to reply to Brussels notes made last week. Just a reminder of the issue, the European Commission came out on Thursday saying that the...
Tuesday won't be a more exciting day than Monday in terms of economic data. The Bank of Japan is set to release its YoY core CPI figure, which currently has no expectations on what it could be, but we know that the...
...The Bank of Canada will have its say on their interest rate as well. Everyone will be expecting the Bank to raise its interest rate by 25bps, which is expected go from +1.50% to +1.75%. Even though the recent economic data releases...
On Thursday, ECB will take the centre stage, as it will announce their interest rate decision. No surprise here as the European Central Bank is expected to keep the rate at the same level as previous 0.00%. The ECB has no intention to tighten borrowing costs until...
Read the full financial markets weekly outlook on JFD Research.