Remarks by Secretary of the Treasury Janet L Yellen on the Importance and Strength of the Transatlantic Alliance at the Frankfurt School of Finance and Management in Frankfurt, Germany marketswired.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketswired.com Daily Mail and Mail on Sunday newspapers.
Next week highlights include rate decisions from the RBA, BoE, Banxico, BCB, and Riksbank. We also see the release of the ECB Minutes and BoJ Summary of Opinions. Data wise, the Canada jobs report, China Trade, UK GDP and Norwegian CPI take the limelight.
The European Central Bank has made it clear that interest rates are coming down, with the June meeting very much a live event, but the Middle East crisis and a slew of high US data will control EUR/USD next week.
The euro area economy stagnated in the middle of 2023 but narrowly managed to dodge a technical recession, defined as two consecutive quarters of negative growth. The most recent data have been somewhat more upbeat, and the Eurozone may be turning a corner.