Key Data Releases:
United States:
April PCE Price Index: A critical inflation gauge for the Fed’s policy outlook.
Personal Income & Spending: Insight into consumer strength and economic momentum.
Advance Goods Trade Balance & Wholesale Inventories: Impact on Q2 GDP expectations.
May MNI Chicago PMI: Regional manufacturing sentiment ahead of national ISM.
United Kingdom:
May Lloyds Business Barometer: Early business sentiment snapshot ahead of June BoE meeting.
Japan:
May Tokyo CPI: A leading inflation indicator for national trends.
April Jobless Rate & Job-to-Applicant Ratio: Labor market health amid BoJ policy speculation.
Industrial Production, Retail Sales, Housing Starts: Broad economic activity indicators.
Germany:
May CPI Flash Estimate: Crucial for ECB rate trajectory.
April Retail Sales: Consumer spending dynamics.
Italy:
May CPI & April PPI: Inflation pipeline pressures in a key Eurozone economy.
Eurozone:
April M3 Money Supply: Signals liquidity and potential inflationary pressure.
Canada:
Q1 GDP: Growth snapshot could influence BoC expectations.
Sweden:
Q1 GDP: Economic performance post-Riksbank’s recent rate moves.
Central Bank Speakers:
Federal Reserve:
Lorie Logan (Hawkish lean) – Comments will be scrutinized for clues on timing of future rate adjustments amid sticky inflation.
European Central Bank:
Fabio Panetta & Boris Vujcic – Potential insights into ECB's path forward, especially with diverging inflation trends in the bloc.
Trading Implications:
Today’s data-heavy calendar will likely drive volatility across USD, EUR, JPY, and CAD crosses. Inflation and growth readings from the U.S., Eurozone, and Canada are pivotal for near-term rate path pricing. Watch Fed and ECB commentary closely for shifts in tone. Japan's CPI and labor data may fuel BoJ tightening bets. Keep an eye on risk sentiment and yield moves for broader asset impact.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
United States:
April PCE Price Index: A critical inflation gauge for the Fed’s policy outlook.
Personal Income & Spending: Insight into consumer strength and economic momentum.
Advance Goods Trade Balance & Wholesale Inventories: Impact on Q2 GDP expectations.
May MNI Chicago PMI: Regional manufacturing sentiment ahead of national ISM.
United Kingdom:
May Lloyds Business Barometer: Early business sentiment snapshot ahead of June BoE meeting.
Japan:
May Tokyo CPI: A leading inflation indicator for national trends.
April Jobless Rate & Job-to-Applicant Ratio: Labor market health amid BoJ policy speculation.
Industrial Production, Retail Sales, Housing Starts: Broad economic activity indicators.
Germany:
May CPI Flash Estimate: Crucial for ECB rate trajectory.
April Retail Sales: Consumer spending dynamics.
Italy:
May CPI & April PPI: Inflation pipeline pressures in a key Eurozone economy.
Eurozone:
April M3 Money Supply: Signals liquidity and potential inflationary pressure.
Canada:
Q1 GDP: Growth snapshot could influence BoC expectations.
Sweden:
Q1 GDP: Economic performance post-Riksbank’s recent rate moves.
Central Bank Speakers:
Federal Reserve:
Lorie Logan (Hawkish lean) – Comments will be scrutinized for clues on timing of future rate adjustments amid sticky inflation.
European Central Bank:
Fabio Panetta & Boris Vujcic – Potential insights into ECB's path forward, especially with diverging inflation trends in the bloc.
Trading Implications:
Today’s data-heavy calendar will likely drive volatility across USD, EUR, JPY, and CAD crosses. Inflation and growth readings from the U.S., Eurozone, and Canada are pivotal for near-term rate path pricing. Watch Fed and ECB commentary closely for shifts in tone. Japan's CPI and labor data may fuel BoJ tightening bets. Keep an eye on risk sentiment and yield moves for broader asset impact.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.