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AxiTrader Analyst, James Hughes on next week’s economic calendar highlights.

The UK releases the first monthly estimate of GDP on Tuesday following an overhaul of the calculation process, whilst German business sentiment data is also released the same day.

US CPI data on Thursday could provide fresh clues over the Federal Reserve’s appetite for two more interest rate hikes this year, whilst US University of Michigan Consumer Sentiment data will be in focus on Friday.

The biggest issue however may be fall-out from the crunch meeting of UK government ministers on Friday. Any hints of a leadership challenge in the weekend press could leave the Pound reeling on Monday morning.

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Michael Morton

Michael has worked within the Financial Industry for more than 20 years. Starting out as a financial analyst, he has extensive experience working with fund management groups and brokerages.

With an interest in Stocks and Shares, Funds, ETFs and Commodities, his investment focus is medium to long term gains, with the objective of financial security on retirement, and building wealth for his young children for their adult life. His broker of choice is Hargreaves Lansdown.

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