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.