Preliminary July PMI data from Europe, UK and Japan as well as consumption data from UK and Canada will be eyed in an otherwise uneventful week.
ECB, BOJ and BOC meetings combined with consumption data from US and China, as well as Chinese Q2 GDP and EU summit on Friday will highlight this eventful week.
In rather quiet week ahead of us ISM Non-Manufacturing PMI, RBA rate decision and employment data from Canada will be on the docket.
NFP, PMI data from China as well as preliminary June inflation from EU will headline the week. Please note that due to the Independence Day holiday US markets will be closed on Friday, causing lower liquidity and increased volatility, thus NFP data will be published on Thursday.
This week we will have RBNZ meeting, PCE and personal spending data from US as well as preliminary June PMI data from EU, GBP and Japan.
This week we will have BOE, BOJ and SNB meetings coupled with employment data from UK and Australia as well as consumption data from US, UK and Canada.
Fed’s meeting with their assessment of latest NFP report and economic projections will be the highlight of the upcoming week.
Employment data from North America, ECB, BOC as well as RBA meetings and PMI data from China are set to capture the most attention in the week to come.
Inflation data from US and EU along with second estimate of Q1 US GDP and initial reading of Canadian Q1 GDP will be the highlights of the shortened week since Monday is holiday in US and UK and liquidity will be thin in the markets, therefore we advise caution with trading.
Preliminary PMI data from the EU and UK along with news regarding easing of restrictions will draw the most interest in the week ahead.