Week ahead: US, euro area inflation data in focus
The coming holiday-shortened trading week will back-end loaded on both sides of the Atlantic in terms of economic data.
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The coming holiday-shortened trading week will back-end loaded on both sides of the Atlantic in terms of economic data.
Investors' focus in the middle of the week will be on the U.S. central bank.
Investors will have to navigate a week full of potential risks events over the next seven days, not the least the U.S. central bank's policy meeting on Wednesday and the April U.S. non-farm payrolls report two days later.
With traders away from their desks for the Christmas festivities, financial markets will likely see reduced volumes in the shortened trading week, with very little in the way of economic data and corporate results to move stocks either way.
All eyes on Thursday will be on the release of the Federal Reserve's preferred inflation gauge.