The Federal Reserve decided to keep rates unchanged during their monetary policy meeting. Despite tone was dovish, the possible two more rate hikes during this year are still on the table. Evidently, the most prominent event on the coming week is EU membership referendum in UK. Many banks and financial institutions are expecting big volatility on the voting day (Thursday) and next morning.
(All times are GMT)
On Tuesday, at 1:30am Monetary Policy Meeting Minutes from Reserve Bank of Australia will be published.
At 9:00am German ZEW Economic Sentiment from Zentrum fur Europaische Wirtschaftsforschung will be released.
At 2:00pm Federal Reserve Chair Janet Yellen testifies on the Semiannual Monetary Policy Report before the Senate Banking Committee, in Washington DC.
On Wednesday, at 12:30pm Statistics Canada will issue statistics about monthly Core Retail Sales.
At 2:00pm Federal Reserve Chair Janet Yellen testifies on the Semiannual Monetary Policy Report before the House Financial Services Committee , in Washington DC.
At 2:30pm Crude Oil Inventories will be provided by US Energy Information Administration.
On Thursday, EU Membership Vote in United Kingdom.
At 12:30pm numbers of Unemployment Claims are expected from US Department of Labor.
On Friday, at 8:00am Ifo Institute for Economic Research will provide information about German business sentiment.
At 12:30pm statistical data from USA will arrive: monthly data of Core Durable Goods Orders from Census Bureau.
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