Outlook

  • 10:02am BST – GBP – CPI y/y
    • Impact: If the actual figure comes in higher than expected, it could put pressure on the GBP and weigh on UK equities. However, if the figure comes in lower than expected, it could boost the GBP and support UK equities.
  • 4:30pm BST – CAD – Core Retail Sales m/m
    • Impact: If the actual figure comes in lower than expected, it could weigh on the CAD and Canadian equities. However, if the figure comes in higher than expected, it could boost the CAD and support Canadian equities.
  • 4:30pm BST – CAD – Retail Sales m/m
    • Impact: Similar to the Core Retail Sales m/m, a lower-than-expected figure could weigh on the CAD and Canadian equities, while a higher-than-expected figure could boost the CAD and support Canadian equities.
  • 6:00pm BST – USD – Fed Chair Powell Testifies
    • Impact: If Powell sounds hawkish in his testimony, it could boost the USD and weigh on risk assets such as equities. However, if Powell sounds dovish, it could weaken the USD and support risk assets.