Newsquawk Week in Focus: Fed, BoJ, RBA, BoE, SNB, US Retail Sales, and Japan CPI
GBP/USD — All Desk Targets
| Firm | Stance | YE 2026 |
|---|---|---|
UOB | Bullish | 1.3700 |
Bank of America | Bullish | 1.3700 |
Rabobank | Bearish | 1.3300 |
From the original
MON: G7 Summit (15-17 Jun), German Wholesale Prices (May), Indian WPI (May), EZ Industrial Production (Apr), US Industrial Production (May) TUE: BoJ Policy Announcement (Jun), RBA Policy Announcement (Jun), G7 Summit (15-17 Jun), Chinese Industrial Production (May), Retail Sales
Related speeches
4 itemsNewsquawk Week in Focus: FOMC Minutes, US ISM Services PMI, RBNZ, OPEC+ and ECB Minutes
Newsquawk Week in Focus: US PCE, Canadian CPI, EZ Flash PMI, Japanese Tokyo CPI
Newsquawk Week in Focus: US Inflation and Retail Sales, Chinese inflation, Trump-Xi meet
Lead — The desk anticipates a volatile week ahead for FX markets, driven by key inflation data releases from the US and China, as well as significant geopolitical discussions between the US and China. Per the full note [source], the upcoming US CPI and retail sales figures are critical, especially following a hot March report that saw inflation rise to 3.3% Y/Y. The desk is particularly focused on how these data points will influence Fed policy amidst persistent inflationary pressures and a stable labor market.
More like this
5 itemsECB president Lagarde talks of 'unwarranted' market moves, but who gets to decide what is warranted?
PBOC sets USD/ CNY reference rate for today at 6.7330 (vs. estimate at 6.6973)
PBOC is expected to set the USD/CNY reference rate at 6.7973 – Reuters estimate
Fed's Musalem says more monetary policy firming will be required