Markets kick off the week with high anticipation as traders brace for a flood of central bank decisions, crucial economic releases, and the ongoing impact of President Trump’s newly announced tariffs. With monetary policy, inflation, and trade all in the spotlight, investors will be watching every move for signals on growth, rates, and risk appetite.
United States: In the US, focus will center on the ISM Services PMI—expected to show the strongest pace in three months—alongside trade balance, factory orders, labor costs, and consumer credit data. Market sentiment will also be shaped by earnings from major names like Disney, Uber, Pfizer, and McDonald’s. Fed speakers could guide expectations further following the recent jobs report, which hinted at cooling labor momentum.
Europe & UK: All eyes in the UK are on the Bank of England, widely expected to cut rates by 25bps to 4% as recession risks rise. Data will be light, with Halifax house prices in focus. In the Eurozone, Germany’s factory orders may rebound, while industrial output could stay sluggish. France’s production is expected to rise after two weak months. Investors will also monitor retail sales, producer prices, and PMIs across Italy and Spain.
Asia-Pacific: China will release trade, inflation, and Caixin Services PMI data, with markets expecting a narrower surplus and signs of weakening demand. Japan’s key releases include household spending, services PMI, and BoJ minutes. India’s RBI is likely to hold its policy rate at 5.5%, while Australia’s trade surplus is expected to widen. Meanwhile, South Korea, Vietnam, Thailand, and Taiwan will post fresh inflation prints. Indonesia and the Philippines are set to release Q2 GDP data, offering deeper insights into regional growth.