Weekly Market Analysis: 19th to 25th February 2017

Global financial markets will focus on Wednesday’s minutes of the Federal Reserve’s latest policy meeting for further hints on the timing of the next U.S. rate hike.

Market players will also keep an eye out on U.S. housing data to gauge if a recent increase in consumer spending and inflation is translating into higher home prices and a pick-up in home sales.

Meanwhile, in the U.K., traders will be looking ahead to a second reading on British growth data for further indications on the continued effect that the Brexit decision is having on the economy.

In the euro zone, investors will await flash survey data on euro zone business activity for fresh clues on the health of the region’s manufacturing and services sector.

Elsewhere, traders will be looking to retail sales and inflation data from Canada to gauge the health of the economy.