There was an absence of significant data releases out on Friday, with two US Federal Reserve members speaking. Central bank member Dudley made a comment regarding interest rates, recommending that a cautious and gradual approach remains appropriate.
We can expect a busy middle of this week, with no data releases on Monday, and no major releases out on Tuesday. On Wednesday we can look forward to retail sales data, which is expected to post its first positive figure for two months, and producer inflation data, which is also expected to post its first positive figure in two months. On Thursday we will see the release of consumer inflation, a key figure that the US Federal Reserve monitors. This is expected to show positivity for the first time in five months.
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