Reply To: Traders Market Weekly: Summer, Manufacturing, Jobs and Debt Ceiling


European Central Bank policymaker Knot said that he is not seeing signs that underlying inflation is abating and that at least two more rate hikes are needed before a lengthy pause.

Meanwhile, ECB Chief Economist Lane said that inflation will return to target in a timely manner, though growth in 2023 will be subdued.

France’s May Consumer Confidence 83 (expected 84; last 83)
Italy’s May Business Confidence 101.4 (expected 102.5; last 102.8) and Consumer Confidence 105.1 (expected 105.5; last 105.5)
Swiss Q1 Employment Level 5.389 mln (expected 5.433 mln; last 5.398 mln)