US GDP, Bank of Japan, and Core PCE Inflation: Key Events in the Forex Market
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#eb626e48 ver:0.91

The upcoming week presents a slew of economic data and events across major currencies. Investors will be closely monitoring several key events.

In the United States, Q1 GDP and jobless claims figures on Thursday will attract investor attention. These data releases will provide insights into the state of the US economy and may impact market sentiment and expectations of future interest rate hikes by the Federal Reserve. Elevated inflation could potentially delay interest rate cuts, which would have significant implications for monetary policy and market sentiment . Economists expect the US GDP growth rate for Q1 2024 to be 2.5%, down from 3.4% in the previous quarter .

In the Eurozone, consumer confidence figures on Monday and preliminary private sector PMI numbers on Tuesday will steer t...

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