- Personal Income/Consumption (USD, GMT 13:30) – After headlining 0.4% in November, personal income is expected to rise 0.6% in December.
The BoC and FED Policy meetings and press briefings are central bank highlights this week. Rising inflation and slowing economic growth from robust Q4 pace could be exacerbated by Omicron proliferation and renewed mitigation measures, not to mention the impact of the move away from monetary easing and fiscal support.
How central banks deal with this dynamic will keep markets jittery. These factors will continue to keep markets volatile next week. Additionally, the big dose of global data releases includes next week global PMIs, Australian CPI, US GDP and PCE.