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Three G7 countries will release CPI this week

This week, three G7 countries will release December inflation (CPI) figures, namely the UK, Canada and Japan. The UK and Canada are due on Wednesday and Japan on Friday. Recall that annual inflation in November was 5.1% in the UK, 4.7% in Canada and 0.6% in Japan. We have to observe whether the inflation rate of these three countries will continue to rise. In addition to inflation figures to pay attention to, but also pay attention to Japan's interest rate meeting on Tuesday. Last week, the Bank of Japan revealed whether it should start formulating some policies to prepare for the inflation that may be foreseen as inflation returns. The BOJ's remarks are not without grounds, as there have been reports that Japanese people's lives have become difficult since inflation resurfaced in Japan. Therefore, it is not ruled out that the Bank of Japan's interest rate meeting this week may give the market unexpected remarks. Finally, from Monday to Friday, the World Economic Forum (WEF) will take place in Switzerland. It is understood that the Prime Ministers of Japan and India, US Treasury Secretary Yellen and European Central Bank President Christine Lagarde will also speak at the meeting one after another.
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