A look at the day ahead in European and global markets from Tom Westbrook
It's a different story on the services side, where robust readings have been taken as signs of strong demand, inflationary pressure and another reason to take interest rates higher.
European and British services PMIs are seen steady and staying in expansion mode. British retail sales are expected to fall, adding up to a somewhat confounding picture.headed for its worst week since Silicon Valley Bank failed six weeks ago.an outlier and hitting an eight-month high as it rides a wave of investor hopes that the world's third-biggest stock market might be in the process of awakening from decades of slumber.
Japanese core inflation also hit its highest since 1981 and has pressure on the central bank to pare back its ultra easy policies. The Bank of Japan meets next week.Data: Eurozone, UK and U.S. PMIs, British retail salesEarnings: Proctor and Gamble, Regions Financial, Schlumberger
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