"Upcoming CPI Data from US and China to Headline Economic News"

Upcoming CPI data from the US and China are key focal points for the week, with analysts watching for signs of inflation trends that could influence central bank policies. The US is expected to see a slight rise in CPI, potentially challenging the market's dovish view on the Fed's rate trajectory. China's inflation figures are anticipated to remain low, avoiding a deflationary spiral. Corporate earnings reports in the US will also be in the spotlight, with expectations of modest growth amid concerns over economic slowdown. In Europe, Swiss and Norwegian CPI data will provide insights into inflationary pressures, while the UK's GDP figures could signal the severity of a potential technical recession.