1. The swing in the pendulum of expectations back toward a mid-year Fed rate hike is one of the key developments that will shape the investment climate. The data in the week ahead, including the broader measures of the labor market, like the Fed’s new index (Labor Market Activity Index) and JOLTS (Job Opening and Labor Turnover Survey), and core retail sales will strengthen the view. The rise in US interest rates will lend the dollar support and allow the appreciating trend to continue after a consolidating over the last few weeks.