Global financial markets are bracing for a high-impact week featuring critical economic data and central bank activities. Trading activity is expected to start slowly as markets in the U.S. and China remain closed on Monday for public holidays. On Wednesday, the Reserve Bank of New Zealand (RBNZ) is widely expected to maintain current interest rates during its policy announcement. Attention will also turn to Canada’s inflation report, with expectations of a modest 0.1% monthly uptick in headline figures. The week concludes with pivotal U.S. data on Friday, including advance GDP and the Core PCE price index, which is the Federal Reserve's preferred inflation gauge. These releases are expected to drive significant volatility across major currency pairs and gold as investors refine their monetary policy expectations.
Get AI-powered deep analysis for every story with a paid subscription
Upgrade for Analysis