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

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

Global Market Insights - Forex, Futures, Stocks · XM.com

May 12, 20236m 11s

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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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