After a relatively quiet previous week with not much market-moving news, participants brace for a data-heavy week ahead. The releases of key indicators such as consumer price indexes, retail sales, and GDP figures will significantly impact expectations around central banks’ next policy moves in their fight against inflation. Markets are closely watching for any hints of potential monetary policy easing, especially from the US Federal Reserve.
Meanwhile, heightened geopolitical tensions in the Middle East are underpinning demand for safe-haven assets like gold. With a flurry of high-impact economic data on the horizon, this week promises to be an eventful one for financial markets.