We end this week with CPI in Canada and ECOFIN Meetings in Europe are the major events of the day. Here is an outlook on the market-movers awaiting us.
In Canada, Consumer Price Index (CPI), measures the consumer’s price change for goods and services, reduce of 0.1% is likely down to 0.3%, and similar is expected in the Core CPI (without the 8 most volatile items) 0.3%.
In Europe, German Information and Forschung (Ifo) Business Climate, Survey to value the existing business conditions and expectations for the next 6 months; due to reduce by 0.7 points down to 106.2 points this month
Later in Europe, ECOFIN Meetings, the Economic and Financial Affairs Council (ECOFIN); the largest monetary decision making body is the Eurozone’s. Their decisions can have a widespread effect on the Eurozone’s monetary health.
Finally in Europe, Belgium National Bank of Belgium (NBB) Business Climate, Survey to rate the present business conditions and prospects for the next 6 months, further reduce of 0.6 points is likely down to -11.8 points.
In Switzerland, CHF, Swiss National Bank (SNB) Quarterly Bulletin have a mild impact on the Monetary Policy Assessment.
In New Zealand, NZD, Credit Card Spending, no change is predicated and 3.7% is likely to remain.