Week Ahead – ECB decision and US inflation to fuel FX volatility

From Investing.com: 2024-04-05 09:04:00

Central bank decisions are looming for the Eurozone, Canada, and New Zealand. The ECB is expected to hint at a rate cut in June due to sluggish growth in the Eurozone. In the US, focus will be on inflation data and Fed minutes to gauge the possibility of rate cuts in June. The Bank of Canada is unlikely to cut rates this week, while New Zealand is expected to hold steady despite an economic slowdown. All eyes are on China’s trade data for signs of a recovery that could benefit New Zealand’s struggling economy.

Overall, expectations for rate cuts and economic developments are driving market sentiment across these regions.



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