Executive Snapshot
The upcoming week centers on US inflation and consumer demand, with CPI, PPI, and Retail Sales defining the core macro narrative.
Markets will focus on whether inflation pressures continue stabilizing or begin rebuilding through consumption and pricing activity. The sequence between inflation data and retail demand will shape expectations around rates, USD direction, and commodities pricing.
The key dynamic remains the transmission from inflation expectations into currencies, real yields, and cross-asset positioning.
