{"id":8920,"date":"2024-07-01T06:23:46","date_gmt":"2024-07-01T06:23:46","guid":{"rendered":"https:\/\/justmarkets.eu\/?p=8920"},"modified":"2024-07-01T06:24:28","modified_gmt":"2024-07-01T06:24:28","slug":"weekly-overview-2024-07-01","status":"publish","type":"post","link":"https:\/\/justmarkets.eu\/pt\/analytics\/weekly-overview-2024-07-01\/","title":{"rendered":"Week’s main events (July 01 \u2013 July 05)"},"content":{"rendered":"\r\n
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Week’s main events (July 01 \u2013 July 05)<\/h1>\r\n
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\r\nThis week promises to be volatile due to a lot of important events. The US Nonfarm Payrolls is the week\u2019s main event, as it is one of the most important parameters for the Fed\u2019s monetary policy decision. Continued strength in the labor market could strengthen the US Federal Reserve’s hawkish stance. The FOMC protocol on Wednesday will give investors insight into how FED policymakers see the future trajectory of interest rates, as markets are still awaiting the first-rate cut from the US Fed. On Tuesday, Fed Chairman Jerome Powell and ECB President Christine Lagarde will speak at the European Central Bank’s annual forum in Sintra with a panel discussion on “Monetary Policy in an Era of Transition.” Investors will be waiting for fresh ideas on the future of interest rates. Also, this week, parliamentary elections in France and the United Kingdom will conclude. The arrival of a far-right party in France could cause severe unrest inside the country and put pressure on the European currency. In the UK, on the contrary, the victory of the opposition party may support the British currency.\r\n\r\n <\/p>\r\n\r\n\r\n

\r\n Monday, July 01\r\n <\/div>\r\n
\r\nOn Monday, traders should not miss essential manufacturing PMI data in main economies. It’s a leading indicator of economic health. Generally, if the actual data is better than expected, it is positive for the currency. It\u2019s a bank holiday in Canada and Hong Kong.\r\n <\/div>\r\n \r\n
\r\n Main events of the day:\r\n <\/div>\r\n\r\n