The highly anticipated Federal Open Market Committee (FOMC) meeting will take place alongside central bank meetings in Japan, Taiwan and Indonesia in the coming week. At the same time, retail sales and industrial production data will be due from the US, eurozone and China, as well as employment and inflation data from the UK, the latter especially keenly awaited following the recent rise in price pressures seen in the US and China. Without a doubt, the June 15-16 FOMC meeting will be the key focus in the coming week with the Fed having spent more time of late talking about their intention to start talking about ... (full story)