US CPI, Warsh Testimony, BoC Decision in Focus Next Week
Next week's key events include US CPI data, testimony from Kevin Warsh, and the Bank of Canada interest rate decision. Geopolitical tensions and China GDP also feature.
The upcoming week is packed with macroeconomic events. The US Consumer Price Index report and testimony from Federal Reserve Governor Kevin Warsh are expected to dominate market attention. The US dollar will be a key focus amid a busy data calendar and ongoing Middle East tensions.
In addition, China's GDP data will provide insight into the economic impact of the recent escalation in Iran. The Bank of Canada is not expected to follow the Reserve Bank of New Zealand with a rate hike, according to market expectations.
Source: FXStreet Forex News