By eFXdata — Apr 24 - 04:30 PM
Danske Research discusses the key US and Euro area data releases this week.
"This week, it is especially worth keeping an eye on PCE inflation data on Friday. Further, there are housing data tomorrow, GDP figures for Q1 on Thursday and University of Michigan inflation expectations on Friday for the US. There will be no Fed speakers, as it is the blackout period before the Fed meeting 3 May, where we expect a 25bp rate hike," Danske notes.
"In the euro area, there are economic sentiment data on Thursday and regional CPI prints on Friday. It could be another week of wait-and-see with low volatility ahead of the Fed and the ECB meetings next week," Danske adds.
Danske Research/Market Commentary