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Sunday 15 May 2016

Top 5 important events next week

Next week, on Wednesday, market participants will focus their attention on the publication of the Protocols of the April meeting of the Fed's monetary policy, determined to find fresh guidance on the timing of the next increase in US interest rates.
Also in focus will be inflation data in the US, as investors try to assess whether the world's largest economy will cope with the increase in interest rates in 2016.
Market participants are waiting for release of key statistical data of Great Britain in search of guidance on the state of the economy against the backdrop of increased uncertainty about the outcome of the upcoming in June referendum on the country's membership in the European Union.
Preliminary data on the economic growth of Japan in the first quarter also will be in the spotlight amid concerns over the recent strengthening of the yen and its impact on economic growth prospects.
In addition to the summit of "Big Seven" countries (G7), traders will monitor the publication of the Protocols of the May meeting of the Reserve Bank of Australia, in which the central bank unexpectedly lowered its main interest rate to a record low.
So, what be the list of the five events in the economic calendar, which is likely to affect the markets? Check this out:
1. Minutes of the meeting of the Federal Committee;
2. Data on inflation in the US;
3. The UK is to release the consumer price index, as well as data on employment and retail trade;
4. Preliminary report on changes in the volume of Japan's GDP in the first quarter;
5. Minutes of the meeting to determine the monetary policy of the RBA.


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