Weekly Market Outlook: June 20 – June 24: Powell and Lagarde Testify, UK and CAN CPIs, Prel. PMIs
Channel: JFD Brokers
Date: 20/06/2022

Weekly Market Outlook by Charalambos Pissouros

We don’t have any central bank deciding on monetary policy this week, but that is far from suggesting a quiet week. Actually, it looks equally important as the last one. Both #ECB President Christine Lagarde and Fed Chair Powell will deliver testimonies, while the #RBA releases the minutes of its latest gathering. We also get inflation data from the UK, Canada, and Japan, which could prove determinant with regards to monetary policy decisions by the #BoE, the #BoC and the #BoJ. The preliminary PMIs will also come out, giving us a first taste on how the global economy has been faring during the month of June.

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