Market Outlook: Key Events and Economic Data to Watch in the Week Ahead

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Source: ForexLive
Market Outlook: Key Events and Economic Data to Watch in the Week Ahead
Photo: ForexLive
TL;DR Summary

This week's market outlook includes key economic events such as Australian Retail Sales, US Consumer Confidence, RBNZ Policy Decision, Eurozone CPI and Unemployment Rate, US Core PCE, US Jobless Claims, Canadian GDP, and more. The focus will be on indicators related to labor market conditions, inflation, and central bank policies. Notably, the US Consumer Confidence is expected to decline, the RBA is concerned about inflation persistence, the RBNZ is likely to keep rates steady, and the ECB is in a "wait and see" mode. The US Jobless Claims and Canadian Unemployment Rate will also be closely watched. Additionally, the US Manufacturing sector is expected to remain in contraction for the 13th consecutive month.

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