Market focus: events of the current week

Market focus: events of the current week This week, active verbal interventions of representatives of central banks should not distract you from the publication of statistics. Euro and the pound may not respond adequately to the publication of GDP, PMI and trade balance data, as they urgently need to get out of the state of market equilibrium.We recommend paying attention to the data on Japan  this will help to understand why the yen reacts so phlegmatically to the positive dynamics of inflation.OPEC is holding another summit against the backdrop of US President Biden's upcoming visit to Saudi Arabia in July. So, there is no need to expect any significant actions to stabilize oil prices, the Cartel pays the main attention to maintaining the balance of reserve capacities. But any information on this topic is carefully studied.specified time is GMT Offset 0Tuesday, 28EUR: ECB President Lagarde Speaks (08:00)USD: Goods Trade Balance (12:30); CB Consumer Confidence (14:00); API Weekly Crude Oil Stocks (20:30)JPY: Retail Sales (23:50)Wednesday, 29AUD: Retail Sales (01:30)GBP: BoE Gov Bailey Speaks (11:35, 13:30)EUR: ECB President Lagarde Speaks (13:00, 15:00)USD: GDP, GDP Price Index (12:30); Fed Chair Powell Speaks (13:00); Crude Oil, Cushing Crude Oil Inventories (14:30)JPY: Industrial Production (23:50)Thursday, 30AUD: AIG Manufacturing Index (22:30)CNY: Chinese Composite, Manufacturing, Non-Manufacturing PMI PMI (01:30)GBP: GDP, Business Investment (06:00)USD: Initial Jobless Claims (12:30)USD: OPEC Meeting (Tentative); PCE Price index, Core PCE Price Index (12:30)JPY: Tankan Large Manufacturers, Non-Manufacturers Index, Tokyo Core CPI (23:50)Friday, 1CNY: Caixin Manufacturing PMI (01:45)GBP: Nationwide HPI (06:00); Manufacturing PMI (08:30)EUR: CPI, Core CPI (09:00); Manufacturing PMI (08:00)USD: Manufacturing, ISM Manufacturing PMI, ISM Manufacturing Employment (14:00)Profits to yall!#ForexChief #MarketFocus #forexnews #OPEC #eurozone #PMI #GDP #Biden #worldnews #forexmarket