{"id":5022,"date":"2023-07-03T06:26:21","date_gmt":"2023-07-03T06:26:21","guid":{"rendered":"https:\/\/justmarkets.eu\/?p=5022"},"modified":"2023-07-03T06:26:21","modified_gmt":"2023-07-03T06:26:21","slug":"weekly-overview-2023-07-03-6","status":"publish","type":"post","link":"https:\/\/justmarkets.eu\/es\/analytics\/weekly-overview-2023-07-03-6\/","title":{"rendered":"Week’s main events (July 03- July 07)"},"content":{"rendered":"\n
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\n Week’s main events (July 03 \u2013 July 07)\n <\/h1>\n
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\nThis week promises to be volatile due to a lot of important events. The US Nonfarm Payrolls is the week’s main event, as it is one of the most important parameters for the Fed’s monetary policy decision. Continued strength in the labor market could strengthen the US Federal Reserve’s stance on further rate hikes. The FOMC protocol on Wednesday will give investors some insight into how FED policymakers see the future trajectory of interest rates as markets remain focused on the prospect of a recession. The Reserve Bank of Australia will hold an interest rate meeting. Analysts expect the RBA to leave the rate unchanged because the latest inflation data showed a decline.\n\n\n <\/p>\n \n\n \n \n\n

\n Monday, July 03\n <\/div>\n
\nAt the European session, it is worth paying attention to the inflation rate in Switzerland. Analysts expect the core rate to fall below 2% to 1.8% in June. Currently, markets are still estimating a 25 basis point rate hike from SNB in September, but that could change if the data matches expectations. Also, traders should not miss important manufacturing PMI data in main economies. It’s a bank holiday in Canada.\n\n\n\n <\/div>\n
\n Main events of the day:\n <\/div>\n