Abandon your Christmas shopping cart, grab a cup of coffee, and sit on your favourite couch, because next week is bringing an abundance of market events, including three monetary policy reports by the Federal Reserve, the Bank of Japan, and the Reserve Bank of Australia. Without further ado, let’s take a look at what the fuss is all about.
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The upcoming World Cup final between France and Croatia has everyone biting their toes. Still, traders and investors are advised to keep tabs on the market as next week promises a GDP q/y report from China, a m/m sales report from the UK, a Monetary Policy Meeting Minutes event from Australia, and more.
Chinese industrial production rose 6.5% in April, the National Bureau of Statistics reported. The result was down compared to last month’s high of 7.6%. Retail sales climbed 10.7%, lower than the 10.9% growth in March. Annual urban fixed-asset investment increased 8.9% in the period between January and April. Analysts had expected industrial production to rise 7%, retail sales to increase 10.8% and fixed-asset investment to grow 9.1%.