U.S. consumer prices data will be published on Tuesday, with rate decisions from the Federal Reserve on Wednesday and the ECB and Bank of England on Thursday.
U.S. stock futures were barely changed Monday as traders eyed inflation data and a Fed decision that could set the tone for the rest of the year.
What’s driving markets Equity index futures were struggling to gain traction at the start of a week in which inflation, and the monetary authorities’ campaigns to combat it, will be to the fore. “The recovery in global risk appetite faltered last week, especially in the U.S., where the major indices suffered their biggest setback since September. This week’s agenda is packed with major macro updates that will test sentiment further,” said Ian Williams, strategist at Peel Hunt.
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