Important upcoming events and publications

Important upcoming events and publications for June 4 (GMT):

09:00 Euro area Consumer Price Index. Risks for EUR: high. It is expected a sharp slowdown in May from 1.7% y/y to 1.4% y/y against the ECB’s target of “just below 2%”. Stronger data are able to support the Euro.

13:55 Speech by fed Chairman Powell. Risks for USD: high. The speech is entitled “Monetary Policy Strategy, Tools, and Communication Practices”, and it can have a serious impact on the markets. The intention to keep the rate or soften the policy is able to put pressure on the Dollar.

Detailed economic calendar