In this week’s CIO Weekly Investment Outlook podcast, the Private Bank’s Chief Investment Strategist and CIO for EMEA, Dirk Steffen, considers a mixed bag of economic data out of China and what it could mean for the country's equities – which have only recently returned to bull-market territory. Looking to the U.S., Dirk reflects on the latest inflation figures and sees a bright spot "that's actually giving the Fed some flexibility" on coming policy decisions. Corporate earnings however will remain the main driver for stocks, he says, and a solid second quarter in Europe offers potential for further positive momentum in the region.

The U.S. central bank will again be in the spotlight in the week ahead when the Federal Reserve releases the minutes from its recent meeting, though investors will have a wealth of economic data to consider as well.

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