US Inflation in Focus; BOE, SNB and Chinese Data Due This Week

Financial markets move sideways as the week begins, as investors are gauging the impacts of natural disasters in the US. Hurricane Irma and Hurricane Harvey are expected to hurt the US economy for months, although NY Fed President William Dudley suggested that reconstruction would booth the economy in the long run. As Dudley suggested last Thursday, "the US economy will continue to perform quite well, with slightly above-trend growth leading to further gradual tightening of the US labor market".