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Week Ahead: Focus on US retail sales as debt ceiling drama rumbles on

May 12, 2023
Global Market Insights - Forex, Futures, Stocks
Week Ahead: Focus on US retail sales as debt ceiling drama rumbles on
Show Notes

With no central bank decisions on the menu next week, investors will turn to data releases. Top of the list is the US retail sales report, which will help shape expectations about the Fed’s rate path, driving the dollar accordingly. There is also an onslaught of economic data from most major economies to keep traders busy, alongside an election in Turkey and the ongoing drama around the US debt ceiling. 

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