The dollar index fell

Key events:  New Zealand - Business NZ PMI (Sep) China - CPI (MoM) (Sep)  China - CPI (YoY) (Sep) UK - BoE Gov Bailey Speaks USA - Member Harker Speaks Eurozone - ECB President Lagarde Speaks European markets experienced another lackluster session, drifting into negative territory following the release of US Consumer Price Index (CPI) data, which, like the Producer Price Index (PPI) numbers earlier in the week, came in slightly hotter than anticipated, prompting a notable increase in yields.

Key events:   USA - Export Price Index (MoM) (Aug)   USA - Import Price Index (MoM) (Aug)   USA - NY Empire State Manufacturing Index (Sep) USA - Industrial Production (MoM) (Aug) USA - Michigan Consumer Sentiment (Sep) On Thursday, US stocks surged as robust retail sales figures defied expectations of a weaker economy, despite a hotter-than-anticipated inflation report.

Key events: China - PBoC Loan Prime Rate USA - FOMC Member Bullard Speaks USA - FOMC Member Bostic Speaks On Friday, US stocks closed lower, and the dollar weakened as discussions to raise the US debt ceiling were suspended. This development unsettled market participants as the deadline to avoid default approached over the weekend.

Key events:

Key events:       UK – GDP (MoM) UK – GDP (YoY) UK – GDP (QoQ) UK – Manufacturing Production (MoM) (Nov) The U.S. consumer inflation report was the most important statistical release of the week. According to data released by the U.S. Department of Labor yesterday: The consumer price index (CPI) in December fell 0.1% from November (m/m) and rose 6.5% from the same month a year earlier (y/y); The data were in line with the forecast of economists surveyed by Bloomberg.