Trader’s calendar on february 27-29 May: Consumer sentiment to spice up USD?

The US dollar is likely to close the outgoing week with a rise, which will be mainly driven by the resilience of the US economy. Thus, business activity in the United States accelerated to a 2-year high. Meanwhile, in the last two weeks, the number of unemployment claims dropped to a record low since September 2023.
Against this backdrop, officials of the Federal Reserve are expressing their intention to wait for greater progress in terms of inflation. As a result, the first key rate cut was postponed to December. At the same time, the European Central Bank is still planning to lower the benchmark rate as early as June.
Could fresh macroeconomic reports affect the politicians’ plans? In our video review, we will find out what events will attract traders’ attention early next week.

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00:00 INTRO
01:01 IFO BUSINESS CLIMATE
01:39 BOJ GOVERNOR KAZUO UEDA SPEAKS
02:13 CB CONSUMER CONFIDENCE
03:00 CONSUMER PRICE INDEX
03:29 CONSUMER CONFIDENCE
04:04 GFK CONSUMER CLIMATE