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Global week ahead: G7 summit, Fed outlook and Middle East risks
16-Jun-2025 13:53
Global markets face a high-stakes week as geopolitical tensions in the Middle East remain elevated after Israel's strike on Iran's nuclear sites, raising fears of broader conflict. Investors will also track developments at the G7 Summit in Canada, where world leaders tackle major economic challenges and trade frictions. On the monetary front, a wave of central banks ' including the Fed, Bank of Japan, People's Bank of China, and Bank of England ' are widely expected to leave rates unchanged, alongside decisions from Switzerland, Sweden, Norway, Turkey, Brazil, Indonesia, the Philippines, and Taiwan. In the US, traders await the Fed's updated economic outlook, dot plot, and key data like retail sales and industrial production. Meanwhile, Europe and Asia will release important inflation, trade, and sentiment figures, keeping market sentiment on edge amid persistent global uncertainty.

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