Focus on this week's important events:
On Monday and Tuesday, a number of Eurozone data, official speeches and meeting minutes will be released.
It is expected that the market will only push the euro down further, and there will be little room for upward movement.
The reason is that the recent weak European data, the more dovish attitude of officials, and the turbulent and unstable political situation in various places have put more pressure on the euro.
The United States will also have federal government bond auctions on Tuesday and Wednesday, as well as official speeches, new home sales and other information, but the impact on the market is limited.
On Thursday, there will be durable goods orders and, as usual, the number of initial and continuing unemployment claims per week, combined with the Tokyo core CPI and industrial production released by Japan on Friday, which may once again bring shocks to the yen and other risky assets.
Finally, on Friday evening Beijing time, the United States will release the PCE price index and the University of Michigan consumer confidence index and inflation expectations. This will be the most important data release this week, and financial markets may quietly have big things happen during our sleep time.
