The week ahead is stacked with global central bank decisions and top-tier inflation and growth data, making it one of the most important macro weeks of the month.
The week ahead is stacked with global central bank decisions and top-tier inflation and growth data, making it one of the most important macro weeks of the month. The Bank of Japan kicks things off, but the focus quickly shifts to a midweek cluster of Bank of Canada and FOMC decisions, followed by a “super Thursday” featuring the BOE and ECB alongside U.S.
GDP and Core PCE. Inflation readings out of Australia and growth data globally add another layer, meaning rates, yields, and FX volatility could be elevated throughout the week. Monday (April 27) BOJ Policy Rate Decision: No change expected BOJ Monetary Policy Statement & Outlook Report Summary: A quieter start in terms of volume, but high importance with the Bank of Japan.
Markets will be watching for any shift in policy stance or guidance, especially around yield curve control and inflation outlook. Tuesday (April 28) BOJ Press Conference Australia CPI (m/m, y/y, trimmed mean) . 9:30 PM ET. Estimate 1.3% MoM and 4.8% YoY Summary: Focus shifts to inflation in Australia, a key input for the RBA outlook.