The signs of a commercial war are still dominating the markets, and still cautiously handling any action or any hint about taking decisions besides response from the other side. During the week, the markets are watching a few important economic data.
The highlights of this week's economic calendar are:
US inflation data
Inflation data for March will be released, with the core CPI expected to rise by 2% from February's reading of 1.8%. Rising inflation is one of the main factors that could encourage the Federal Reserve to raise interest rates faster than expected.
FOMC Meeting Minutes
The minutes of the FOMC meeting are due to be released on Wednesday after the Federal Reserve raised interest rates at the March 21 meeting as expected to 1.75% and is expected to raise interest rates twice this year.
ECB Monetary Policy Meeting Accounts
After the economic growth of the euro zone in recent period, the European Central Bank monitors inflation figures and wants to see the sustainability of the rise, as the discussions began on the end of the quantitative easing program and thinking of raising interest rates.
