Here is what Economic data and event will impact market
US
The US is to publish CPI m/m on Tuesday with forecasts to have expanded by 0.5%, after a contraction -0.1% in the last month. Core CPI m/m forecast to have expanded by 0.4% from last month’s reading of 0.3%.
CPI figures for signs that inflation is continuing to moderate after recent strong jobs data saw markets recalibrate expectations for how high the Fed may need to raise rates this year.
On Wednesday, Core Retail Sales m/m figure be released with a forecast of 0.9% from contraction of -1.1% in last month. Data will have a positive impact on the Dollar
On the same day, Retail Sales m/m to be released. Forecast is at 1.7% from -1.1% its previous reading. This might extend the positive impact of the dollar.
The economic calendar also includes data on, Core PPI m/m, initial jobless claims and  PPI m/m on Thursday which could have a positive impact on the dollar, as all data forecasted slightly higher than previous reading.
Japan
On Tuesday Japan’s government is set to officially nominate an unexpected candidate to replace Haruhiko Kuroda, whose decade as Bank of Japan governor will end soon.
The yen initially moved higher following reports on Friday that Kazuo Ueda, a 71-year-old academic and a former member of the BOJ policy board, will be nominated but the currency gave back some of its gains after he expressed support for the central bank’s current position.
On the same day, Japan Prelim GDP q/q data will be released. Data foreseen 0.5% higher from previous -0.2%. Data will have a positive impact on Yen.
Eurozone
On Tuesday, German WPI m/m to be release with forecast 1.2% from previous -1.6% And Flash GDP q/q to be released with forecast 0.1% from previous 0.1%, both data could have a positive impact on Euro.
On Wednesday, the European Commission is to release its quarterly economic forecast for the euro area . on the same day, Trade Balance is to release, forecast -16.0B compared to previous -15.2B. This might have a neutral impact
on the Euro.
UK
On Tuesday, Claimant Count Changed indicators to be released. Forecast is seen at 17.9k Compared to previous 19.7k. Data may have a negative impact on the Pound.
On Wednesday, CPI y/y will have a negative impact on Pound. As data foreseen at 10.3% from previous 10.5%.
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