5 main events for the next week

Next week market participants will focus attention on the outcomes of the meeting for determining the monetary policy of the Federal Reserve System, which will be held on Wednesday, amid uncertainty over the timing of the next rate hike.
Traders also expect meetings of the central banks of Japan, Switzerland and the UK, scheduled for Thursday.

1. The June Fed meeting
On Wednesday, the Fed will release a statement on monetary policy on the basis of the two-day meeting of the Committee on Open Market Operations.
As expected, the US central bank will keep interest rates unchanged, as the report on the number of people employed in May showed the smallest increase in the number of jobs since September 2010.
The Fed was also to publish its latest economic forecasts, and Fed Chairman Janet Yellen will deliver a speech at the press conference.

2. Data on inflation in the US
On Thursday at 08:30 ET The Labor Department is to publish a report on inflation in May.
The consumer price index is forecast to be up by 0.3% last month, after rising 0.4% in April, which was the largest increase in more than three years.

3. The meetings of the world's central banks
The Bank of Japan is to announce a decision on monetary policy at the end of the meeting on Thursday. In April, the Bank of Japan kept monetary policy unchanged despite the expectations of many investors who had expected the expansion incentives.
Investors do not expect any changes from the Swiss National Bank and the Bank of England, whose meetings will also be held on Thursday.

4. A report on employment in the UK
On Wednesday, the Office for National Statistics will publish its latest report on employment in the UK.
Last month, the data showed that in the three months to March the number of unemployed people decreased by 2000 while the unemployment rate remained at 5.1%.
Investors will keep track of how the uncertainty about the outcome of the referendum on Britain's membership in the European Union affect the labor market.

5. Data on inflation in the UK
On Tuesday, the Office for National Statistics will release data on consumer price inflation in May.
In April in the UK consumer prices fell 0.3%, marking the first decline in seven months, mainly due to falling prices for flights after the Easter holidays.
Last month, the Bank of England said it expects inflation to accelerate in the second half of this year.

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.