Investors will be monitoring economic statistics from key regions of the world during the week of July 15-21
Statistics from China
Inflation in the EU
A large block of statistics from the UK
Retail sales report in the U.S.
Last week, the Fed and ECB signaled their willingness to move to a softer monetary policy in the event of further deterioration of the economic situation. Therefore, this week investors will follow the publication of statistical indicators, which may change the expectations of investors regarding the further actions of the Central Bank.
Monday, July 15
China will publish important data on industrial production, investments in fixed assets and GDP.
Tuesday, 16 July
UK to publish labour market data
ZEW Institute will publish indices of economic conditions and moods in Germany
Retail sales report will be published in the USA and FOMC member Bostic will give a speech
Wednesday, July 17th
Inflation data will be published in the UK and EU
In the U.S., a report on the construction sector and weekly data on the U.S. Department of Energy's oil reserves will be released.
Thursday, July 18
Trade balance data will be published in Japan
UK to release retail sales report for June
In the U.S., the July production activity index from Philadelphia Federal Reserve to be presented
Friday, July 19
Japan will present inflation data
In the U.S., FOMC members will speak and present preliminary data on mood indexes and consumer expectations from the University of Michigan.