FX.co ★ Week Ahead - Apr 6th

Next week, markets will remain focused on the conflict with Iran as it enters its sixth week. Traders will continue to gauge the likelihood of de-escalation and monitor any tangible progress toward reopening the Strait of Hormuz, following the ongoing back-and-forth in recent weeks. In the US, attention will center on the FOMC minutes, CPI data, the ISM Services PMI, the preliminary Michigan Consumer Sentiment reading, and the PCE report. Investors will also watch a new wave of corporate earnings, including results from Delta Air Lines, as earnings season gains momentum in the middle of the month. Elsewhere, key data releases will include China’s CPI, Germany’s factory orders, and the latest monetary policy decision from the Reserve Bank of India.