Inflation takes center stage this week, accompanied by a slate of growth and activity data to round out the global macro picture. Here’s what to look for: 🇺🇸 U.S. CPI MoM & YoY (June) – July 15, 12:30 GMT 🇬🇧 U.K. CPI MoM & YoY (June) – July 16, 06:00 GMT 🇺🇸 U.S. PPI MoM & YoY (June) – July 16, 12:30 GMT 🇪🇺 Eurozone CPI MoM & YoY (June) – July 17, 09:00 GMT 🇺🇸 U.S. Initial Jobless Claims – July 17, 12:30 GMT 🇺🇸 U.S. Retail Sales MoM & YoY (June) – July 17, 12:30 GMT 🇺🇸 U.S. Philadelphia Fed Manufacturing Index (July) – July 17, 12:30 GMT And to cap the week, Taiwan Semiconductor Manufacturing Company (TSM) reports earnings on Thursday – a chip titan with the potential to move markets.