Categories: Technical analysis

What is next: China and US Inflation & Canada’s Rate

The focus returns to inflation in the new week.

On Sunday, China is expected to report negative year-on-year inflation in consumer and producer prices. This may trigger a new wave of deflation talks in China, which will affect market sentiment at the start of the week.

China is expected to report negative year-on-year inflation in consumer and producer pricesChina is expected to report negative year-on-year inflation in consumer and producer prices

The US will release its consumer inflation data on Wednesday and producer price change on Thursday. The main concern of the markets is whether the US is already facing a new wave of inflation, which the new tariffs promise to spur further.

The US will release its consumer inflation data on Wednesday and producer price change on Thursday.The US will release its consumer inflation data on Wednesday and producer price change on Thursday.

On Wednesday, the Bank of Canada will announce its decision on the key rate. It is currently at 3.0%, but because of the tariffs, some economists say a big cut is now possible. For now, we expect a quarter-point cut and a willingness to cut it further.

Bank of Canada will announce its decision on the key rateBank of Canada will announce its decision on the key rate
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The FxPro Analyst Team

Our team consists of financial market experts. Our dedicated professionals prepare reviews on the foreign exchange market situation, Crude Oil, Gold and Stock Indices. All the analysts are regularly published in the world leading economic media.

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