Mild Economic Week: Inflation and Real Estate in the Spotlight

In an economically light week, the spotlight will be on the U.S. inflation report, eagerly awaited by markets. With the global economy still grappling with challenges such as the war in Ukraine and rising global inflation, attention will focus on how these indicators may influence future monetary policies. The European Central Bank (ECB) is expected to raise its deposit rate by 25 basis points, a moderate move given current economic conditions and persistent growth risks. Additionally, the ongoing correction in the real estate market in North America continues to pressure consumers, contributing to an overall cautious economic outlook. In Australia, improved consumer sentiment signals better confidence, but persisting uncertainties related to the conflict and high inflation keep investors on edge.