XM

Geopolitics may try to steal the limelight from US data.A possible US Supreme Court ruling on tariffs could dictate market movements.Dollar strength might be tested if investors refocus on Fed expectations.A crammed data calendar next week, US CPI comes on Tuesday; Fedspeak to intensify.Euro weakness persists, lingering risk of deterioration in US-EU relations.

US and China agree to lower tariffs for 90 days as tensions take toll.But what are the prospects for a permanent deal?Markets are unsure if this is a true turning point.

US CPI report takes centre stage to gauge tariff impact.Progress in trade negotiations will also be watched, especially with China.US Retail Sales, UK and Japanese GDP on the agenda too.

Fed to sit on the sidelines amid tariff uncertainty.BoE to cut by 25bps, but could still disappoint the doves.China trade data to reveal wounds amid US-Sino trade war.Japan wages, Canada job numbers and AMD earnings also on tap.

Tariff headlines remain at the top of investors’ agendas.But flash S&P Global PMIs could attract special attention.Auctions to reveal information about demand for Treasuries.Tokyo CPI data and Canada’s retail sales also on tap.

ECB is expected to trim rates, but the BoC might pause this time.CPI data also in the spotlight; due in UK, Canada, New Zealand and Japan.Retail sales the main release in the United States.China GDP eyed as Beijing not spared by Trump.

Dollar traders await US CPI data amid global trade turbulence.RBNZ to cut by 25bps, could maintain dovish stance.China’s CPI and PPI to reveal tariff impact on inflation.Strong UK GDP data could help the pound climb higher.

US PCE inflation up next, but will consumption data matter more?UK budget and CPI in focus after hawkish BoE decision.Euro turns to flash PMIs for bounce as rally runs out of steam.Inflation numbers out of Tokyo and Australia also on the agenda.

Germany goes to the polls, but far-right AfD unlikely to form government.German CPI data might be bigger driver for the Euro.US inflation also in the spotlight as PCE report awaited.CPI releases in Australia and Japan, Canadian GDP also on tap.