Key events ahead - Rabobank

Analysts at Rabobank offered the key events ahead for the week.

Key Quotes:

"Today has already seen a very-slightly stronger NZ CPI (0.2% q-o-q vs. 0.1% expected but still only 0.4% y-o-y), and we will soon see Chinese property prices (of which “bubble, bubble, toil and trouble,” says I) ahead of some Fed speakers (Dudley and Kashkari).

The rest of the week has Germany’s ZEW SurveyTuesday; Japanese trade, UK unemployment, and US existing home sales Wednesday; NZ unemploymentThursday (European time) and UK retail sales, along with a rate decision in Indonesia; and Friday sees April PMIs and Canadian CPI.

In short, not a top-tier data week, but more than enough to set market direction nonetheless: but which one – “There” or “Back Again”?

(Btw, a special ‘honourable mention’ prize to any reader brave enough to dip a (hairy) toe in the water and reply to this email with the answer to where that particular book-within-a-book literary reference originates.)"