Week Ahead Economic Preview: US, China retail sales and production data, plus UK inflation and jobs
The week ahead finds a busy economic calendar alongside a series of Fed appearances which remain in focus given uncertainties over the pace of monetary policy tightening. Both US and China will update retail sales and industrial production figures for April, providing insights into second quarter GDP performances. In Europe, eurozone Q1 GDP and inflation numbers will be due. Meanwhile UK inflation and labour market data will be released to add clues as to the challenges facing the Bank of England. GDP data releases from some Japan, Thailand and Singapore are also lined up for the week. Market sentiment remains weak
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