The upcoming week is expected to be highly volatile. Geopolitical tensions in the Middle East will remain in sharp focus following Israel’s strike on Iran’s nuclear facilities and Iran’s subsequent launch of hundreds of rockets targeting Israeli cities. These developments have heightened concerns over a potential escalation into a broader regional conflict. Markets will also closely monitor progress in trade negotiations between the United States and its key partners. In parallel, it will be a pivotal week for monetary policy, with several major central banks scheduled to announce their decisions. The Federal Reserve (FOMC), the People’s Bank of China (PBoC), the Bank of Japan (BoJ), and the Bank of England (BoE) are all expected to maintain current interest rate levels. Policy decisions are also anticipated from the central banks of Switzerland, Sweden, and Norway. On the data front, key economic releases will include inflation figures from the United Kingdom, Japan, and the Eurozone.
پیر, June 16
Markets open the week with a strong focus on macroeconomic data releases from China. China will release a trio of high-impact indicators that will be closely watched for signs of momentum in the world’s second-largest economy. Industrial Production and Retail Sales will provide a snapshot of domestic demand and manufacturing activity, while the Unemployment Rate will shed light on labor market conditions. Strong figures could support risk sentiment and commodity prices, while weaker-than-expected results may renew concerns about the pace of China’s recovery.
دن کے اہم ایونٹس:
- China Industrial Production (m/m) at 05:00 (GMT+3);
- China Retail Sales (m/m) at 05:00 (GMT+3);
- China Unemployment Rate (m/m) at 05:00 (GMT+3);
- Switzerland Producer Price Index (m/m) at 09:30 (GMT+3).
منگل, June 17
Tuesday presents a busy economic calendar with high-impact events across Asia, Europe, and the United States, likely setting the tone for global markets. The Bank of Japan’s policy announcement will be a focal point for Asian markets. While no change in interest rates is widely expected, investors will scrutinize the accompanying statement for signals on future policy normalization, especially regarding yield curve control and potential rate hikes. Governor Ueda’s remarks could provide greater clarity on the BoJ’s inflation outlook and strategy. In the US session, Retail Sales data will provide critical insight into consumer spending trends — a key driver of US economic growth. A strong print may reinforce expectations of a resilient economy, potentially putting upward pressure on yields and the US dollar.
دن کے اہم ایونٹس:
- Japan BoJ Interest Rate Decision at 06:00 (GMT+3);
- Japan BoJ Rate Statement at 06:00 (GMT+3);
- Japan BoJ Press Conference at 07:30 (GMT+3);
- German ZEW Economic Sentiment (m/m) at 12:00 (GMT+3);
- Eurozone ZEW Economic Sentiment (m/m) at 12:00 (GMT+3);
- US Retail Sales (m/m) at 15:30 (GMT+3);
- US Industrial Production (m/m) at 16:15 (GMT+3).
بُدھ, June 18
Wednesday features one of the most critical sessions of the week, with a packed schedule of central bank decisions and inflation data. On the London opening, all eyes will be on the UK inflation readings as markets assess whether disinflation is progressing fast enough to justify rate cuts by the Bank of England. A hotter-than-expected print could delay policy easing and support the pound. The Riksbank’s decision will be closely watched following its recent shift to a more dovish stance. Markets will look for signals on the path of rate cuts, especially given soft inflation data and a weaker economic outlook. Eurozone inflation data will help shape expectations for future ECB moves after its recent rate cut. A surprise uptick could challenge the central bank’s dovish narrative. The FOMC meeting will be the highlight of the day. While the Fed is expected to hold rates steady, updated economic projections and the tone of the statement will be crucial in setting market expectations for the timing and pace of rate cuts. Given the recent weak GDP and labor market data, Powell may hint at a rate cut at the next meeting, which would support stock indices.
دن کے اہم ایونٹس:
- Japan Trade Balance (m/m) at 02:50 (GMT+3);
- UK Consumer Price Index (m/m) at 09:00 (GMT+3);
- UK Producer Price Index (m/m) at 09:00 (GMT+3);
- Indonesian IB Interest Rate Decision (m/m) at 10:30 (GMT+3);
- Sweden Riksbank Rate Decision (m/m) at 10:30 (GMT+3);
- Eurozone Consumer Price Index (m/m) at 12:00 (GMT+3);
- US Initial Jobless Claims (w/w) at 15:30 (GMT+3);
- US Building Permits (m/m) at 15:30 (GMT+3);
- US Crude Oil Reserves (w/w) at 17:30 (GMT+3);
- Canada BOC Gov Macklem Speaks at 18:15 (GMT+3);
- US Natural Gas Storage (w/w) at 19:00 (GMT+3);
- US Federal Funds Rate at 21:00 (GMT+3);
- US FOMC Economic Projections at 21:00 (GMT+3);
- US FOMC Statement at 21:00 (GMT+3);
- US FOMC Press Conference at 21:30 (GMT+3).
جمعرات, June 19
With US markets closed, global liquidity may be thinner in the afternoon session. However, given the volume of central bank events earlier in the day, significant market moves may still happen in Europe and Asia. New Zealand’s quarterly GDP report will provide a clear indication of the country’s economic momentum. A stronger-than-expected rebound could influence expectations around the Reserve Bank of New Zealand’s rate trajectory and support the NZD. The Swiss National Bank is expected to keep the rate. The Monetary Policy Assessment will offer insights into the central bank’s economic outlook. The Norges Bank will announce its latest rate decision, with markets watching for any shifts in guidance amid persistent inflationary pressures. The tone of the statement could drive NOK volatility. The Bank of England will be under the spotlight as it delivers its policy decision. While rates are expected to remain unchanged, market participants will dissect the vote split and forward guidance for signs of a potential summer rate cut. Hints of a rate cut could put pressure on the British currency.
دن کے اہم ایونٹس:
- New Zealand QDP (q/q) at 01:45 (GMT+3);
- Australia Unemployment Rate (m/m) at 04:30 (GMT+3);
- Switzerland Trade Balance (m/m) at 09:00 (GMT+3);
- Switzerland SNB Interest Rate Decision at 10:30 (GMT+3);
- Switzerland SNB Monetary Policy Assessment at 10:30 (GMT+3);
- Norway Norges Bank Interest Rate Decision (m/m) at 11:00 (GMT+3);
- Switzerland SNB Press Conference at 11:00 (GMT+3);
- UK BoE Interest Rate Decision at 14:00 (GMT+3);
- UK BoE MPC Meeting Minutes at 14:30 (GMT+3).
جمعہ, June 20
Friday rounds off a packed week with key data releases and central bank commentary across Asia and Europe. Japan’s core CPI will be closely analyzed as markets assess whether inflationary pressures will continue to rise. Steady inflation growth may increase speculation around future monetary policy tightening steps, which will support the Japanese yen. The People’s Bank of China is widely expected to keep the 1-year and 5-year Loan Prime Rates unchanged. However, markets will look for signals regarding future easing amid ongoing challenges in the property and credit sectors. Retail sales will be a key barometer of UK consumer strength, especially following this week’s CPI and BoE decision. A strong reading could lend support to GBP and reinforce the narrative of economic resilience. Canadian retail figures will be key for evaluating consumer momentum and guiding expectations for future Bank of Canada decisions.
دن کے اہم ایونٹس:
- Japan National Core Consumer Price Index at 02:30 (GMT+3);
- Japan Monetary Policy Meeting Minutes at 02:50 (GMT+3);
- China PBoC Loan Prime Rate (m/m) at 04:15 (GMT+3);
- German Producer Price Index (m/m) at 09:00 (GMT+3);
- UK Retail Sales (m/m) at 09:00 (GMT+3);
- Japan BOJ Gov Ueda Speaks at 09:40 (GMT+3);
- Canada Retail Sales (m/m) at 15:30 (GMT+3);
- US Philadelphia Fed Manufacturing Index (m/m) at 15:30 (GMT+3).
یہ آرٹیکل ذاتی رائے کا اظہار ہے اور اس سے مراد سرمایہ کاری کی تجویز اور/یا آفر، اور/یا فائننشل ٹرانزیکشنز کرنے کی مسلسل درخواست، اور/یا کوئی ضمانت، اور/یا مستقبل کے ایونٹس کی پیشگوئی نہیں لینی چاہیے۔