The Week Ahead – US retail sales, GBP, JPY, NZD and CAD CPI, China GDP and German PPI
Nomura – The Week Ahead
The Bank of England's CPI Is in Negative Territory
The big concern is services CPI at the moment, which has been at an all-time high. We think we could see a slight down tick in that key services CPI number in June. So it should be slightly weaker, but don't expect any sort of let up for the Bank of England anytime soon.
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