Tomorrow UK PMI data will shed some light on the state of the UK economy as stagflation concerns continue. Get your market update from RichardSnowFX here:
Risk Events for the Week Ahead
Tomorrow UK PMI data will shed some light on the state of the UK economy as stagflation concerns continue. On Wednesday, we have themeeting minutes which has been known to cause elevated short-term volatility. Thursday we have the second estimate of Q1 GDP which is unlikely to cause any major movements provided we see a similar figure to the flash data. Then finally, on Friday we have US PCE inflation data which is forecast to provide a second successive month of lower data.
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