Europe may specify an international financial market tone this week, and wait for the monetary policy meeting of the Europe Central Bank and British election which investors are waiting for.
At the same time, at the United States, the market shares are interesting about the federal investigation office manager James Comey witnessing in front of the intelligence committee in the Senate, in a listing session which may add difficulties to the president Donald Tramp.
The following is the most important economic events this week:
1- the Europe central bank monetary meeting
The Europe central bank last decision about the interest price may issue at 11:45 GMT/ 7:45 am GMT/ on Thursday, and the most focus will be at the press conference for the president Mario Draghi after 45 minutes from the announcement.
The economic growth clearly has increased and the monetary dangers have back down and investors are looking for evidence about how and when the Europe central bank could decrease its big program of buying the assets.
2.the British elections
The British people are going to the election boxes on Thursday where voters will vote for 650 members of parliament which the government will arise from it although of some calls to delay it after the terrorist attack which happened in London in the end of the week and seven persons were killed and 48 persons were injured.
The survey at the last days is Leeds that election race may be nearest from the expectation about governors winning leading by the minister president Theresa may against the Labor party under the leftist wing Jeremy Corbyn.
3. Common man’s testimony
Former FBI Director James Comey is due to testify before the Senate Intelligence Committee to investigate allegations of Russia’s alleged involvement in the 2016 US election at 10 am (14:00 GMT) today.
In his first public appearance since Trump quit his post on May 9, Komi is expected to present the talks, which the president reportedly pressed to cancel an investigation of former national security adviser Michael Flynn, who has ties to Russia.
4. China’s Trade Data
China’s trade data for May will be released at 03:00 GMT on Thursday. The report is expected to show that the country’s trade surplus expanded to $ 47.8 billion last month from a surplus of $ 38.0 billion in April. Exports are expected to rise 7.0% in May from a year earlier, up 8.0% a month earlier, while imports are expected to rise 9.0% after rising 11.9% in April.
5. Reserve Bank of Australia policy meeting
The Reserve Bank of Australia’s latest interest rate decision is scheduled for Tuesday at 04:30 GMT.
Most economists expect the central bank to keep interest rates unchanged at the current record level of 1.5% for the tenth consecutive meeting and maintain its neutral policy