Inflation is the key word on the tip of everyone's tongues as global data rolls out and the expectation of inflationary increase is all but certain with the bombardment of stimulus globally. Real Assets are outperforming Equities at the moment as there is a cautionary approach from a Risk on perspective with the climbing Bond Yield curve, as the 10 Year Treasury Notes reached 1.38%.

Bitcoin continues to outperform as the alternative asset reached $57 600 in the opening hours of the morning.

Keep an eye out for the following data being released this week:

Monday
11:00am - German Business Climate (EUR)
11:45pm - Retail Sales (NZD)

Tuesday
Banking Holiday (JPY)
5:00pm - Fed Chair Powell Testifies (USD)
5:00pm - CB Consumer Confidence (USD)
7:30pm - BOC Gov Macklem Speaks (CAD)

Wednesday
3:00am - RBNZ Monetary Policy Statement (NZD)
3:00am - RBNZ Rate Statement (NZD)
3:00am - Official Cash Rate (NZD)
4:00am - RBNZ Press Conference (NZD)
5:00pm - Fed Chair Powell Testifies (USD)
5:30pm - Crude Oil Inventories

Thursday
3:30pm Prelim GDP q/q

Friday
10:00am - KOF Economic Barometer (CHF)
4:45PM - Chicago PMI (USD)
All Day - G20 Meetings