Week Ahead - June 16th

Geopolitical tensions in the Middle East will remain in focus next week following Israel’s strike on Iran’s nuclear facilities, heightening fears of a broader regional conflict.

Markets will also be closely watching any progress on trade negotiations between the US and its key partners.

Meanwhile, attention shifts to the G7 Summit in Canada, where leaders of the world’s largest economies will meet to discuss major global challenges.

It’s also a busy week for monetary policy decisions.

The Federal Reserve, People’s Bank of China, Bank of Japan, and Bank of England are all expected to keep interest rates unchanged.

Decisions are also due from central banks in Switzerland, Sweden, Norway, Turkey, Brazil, Indonesia, the Philippines, and Taiwan.

On the data front, key releases include US retail sales and industrial production, UK inflation, Germany’s ZEW economic sentiment index, China’s industrial production and retail sales, and Japan’s trade data.