Next week will be dominated by inflation releases and labor market reports from around the globe, as well as central bank meetings in Switzerland, the UK, Turkey and Russia.
n a number of countries, inflation has dropped recently.
A stabilization or even a turnaround toward higher inflation would be needed for central banks to become more hawkish. So inflation numbers could lead to interesting moves next week. CIO doesn't expect a lot from the central bank meetings in Switzerland, the UK and Turkey, but anticipates a rate cut in Russia.