{"id":11179,"date":"2025-07-14T06:18:04","date_gmt":"2025-07-14T06:18:04","guid":{"rendered":"https:\/\/justmarkets.eu\/?p=11179"},"modified":"2025-07-14T06:18:06","modified_gmt":"2025-07-14T06:18:06","slug":"weekly-overview-2025-07-14","status":"publish","type":"post","link":"https:\/\/justmarkets.eu\/ro\/analytics\/weekly-overview-2025-07-14\/","title":{"rendered":"Week&#8217;s main events (July 14 \u2013 July 18)"},"content":{"rendered":"<div class=\"ag-base_page ag-m-format-container\">\n<h1 class=\"ag-base_title-page\">Week&#8217;s main events (July 14 \u2013 July 18)<\/h1>\n<div class=\"ag-analytics-page ag-market-overview-page\">\n<p class=\"ag-analytics_text\">This week, US trade policy remains a key variable shaping global growth expectations and market performance. President Trump is expected to continue issuing formal tariff notifications to various trade partners, including the European Union, reinforcing concerns about escalating protectionism. On the data front, the US Consumer Price Index (CPI) figures will be closely watched, with inflation anticipated to accelerate. At the same time, retail sales are likely to remain flat, highlighting a possible divergence between price pressures and consumption. In the UK, inflation data will also be released, offering insight into the Bank of England\u2019s policy outlook. In the Eurozone, attention will turn to industrial production and trade balance figures, which will help gauge the region\u2019s economic resilience amid external headwinds.<\/p>\n<p>Meanwhile, China\u2019s Q2 GDP is expected to remain above the government\u2019s 5% growth target, suggesting ongoing policy support is yielding results. Investors will also shift focus to the start of earnings season. Major US banks will take center stage, with JPMorgan, Bank of America, and Goldman Sachs reporting results, alongside global heavyweights such as TSMC, Johnson &amp; Johnson, and Netflix. These earnings will provide critical insights into corporate health amid evolving macroeconomic and policy conditions.<\/p>\n<div class=\"ag-analytics_title\">Monday, July 14<\/div>\n<div class=\"ag-analytics_title-list\">The trading week kicks off with key macro data from Asia and Europe, but investor attention will primarily center on China\u2019s June Trade Balance. The trade surplus is forecast to narrow slightly to $100B from $103.22B, but the real focus will be on export and import growth.<br \/>\nExports are expected to accelerate to 5.5% YoY (from 4.8% YoY), indicating resilient external demand. Imports are projected to rebound to 2.5% YoY after last month\u2019s 3.4% decline \u2014 a sign of improving domestic demand, which could boost global risk sentiment.<\/div>\n<div class=\"ag-analytics_title-list__strong\">Main events of the day:<\/div>\n<ul class=\"ag-analytics_list\">\n<li>\u2013 Chinese Trade Balance (m\/m) at 06:00 (GMT+3);<\/li>\n<li>\u2013 Japan Industrial Production (m\/m) at 07:30 (GMT+3);<\/li>\n<li>\u2013 Sweden Inflation Rate (m\/m) at 09:00 (GMT+3);<\/li>\n<li>\u2013 Switzerland Producer Price Index (m\/m) at 09:30 (GMT+3);<\/li>\n<\/ul>\n<div class=\"ag-analytics_title\">Tuesday, July 15<\/div>\n<div class=\"ag-analytics_title-list\">A packed macroeconomic calendar on Tuesday will provide investors with key insights into global growth and inflation dynamics, with China\u2019s Q2 GDP and US CPI data commanding the spotlight. China&#8217;s Q2 GDP is expected to slow slightly to 5.3% from 5.4% YoY. A miss could heighten concerns about China&#8217;s economic stability and its ripple effects on global growth and commodity demand. The US Headline CPI is forecast to tick up to 2.5% from 2.4% YoY, and Core CPI to 2.9% from 2.8% YoY. Any upside surprise could reignite hawkish sentiment around the Federal Reserve&#8217;s rate path, which is positive for the US dollar. A softer number would support equities, gold, and duration-sensitive trades. In Canada, annual headline inflation is forecast to ease to 1.5%, while the CPI median is seen slightly lower at 2.9%. With inflation moving toward the Bank of Canada\u2019s target, this could reinforce the dovish tone following the recent rate cut. A dovish inflation print could weaken the CAD and strengthen rate-cut bets ahead of the next BoC meeting.<\/div>\n<div class=\"ag-analytics_title-list__strong\">Main events of the day:<\/div>\n<ul class=\"ag-analytics_list\">\n<li>\u2013 Australia Westpac Consumer Confidence (m\/m) at 03:30 (GMT+3);<\/li>\n<li>\u2013 Chinese GDP (y\/y) at 05:00 (GMT+3);<\/li>\n<li>\u2013 Chinese Industrial Production (m\/m) at 05:00 (GMT+3);<\/li>\n<li>\u2013 Chinese Unemployment Rate (m\/m) at 05:00 (GMT+3);<\/li>\n<li>\u2013 Chinese Retail Sales (m\/m) at 05:00 (GMT+3);<\/li>\n<li>\u2013 German ZEW Economic Sentiment (m\/m) at 12:00 (GMT+3);<\/li>\n<li>\u2013 Eurozone ZEW Economic Sentiment (m\/m) at 12:00 (GMT+3);<\/li>\n<li>\u2013 Eurozone Industrial Production (m\/m) at 12:00 (GMT+3);<\/li>\n<li>\u2013 US Consumer Price Index (m\/m) at 15:30 (GMT+3);<\/li>\n<li>\u2013 Canada Consumer Price Index (m\/m) at 15:30 (GMT+3).<\/li>\n<\/ul>\n<div class=\"ag-analytics_title\">Wednesday, July 16<\/div>\n<div class=\"ag-analytics_title-list\">Wednesday will bring a mix of inflation and production data, with a strong emphasis on the UK and US inflation figures. The Consumer Price Index (CPI) and Producer Price Index (PPI) will be crucial for shaping expectations on the Bank of England\u2019s policy trajectory. Markets are watching to see if inflation continues its path toward the 2% target, or if sticky services inflation justifies a more cautious approach by the BoE. If CPI prints hotter than expected, it could reignite hawkish bets and support the GBP, while a soft print may increase the likelihood of a rate cut in Q3. While the headline US CPI was released on Tuesday, the PPI provides insights into inflationary pressures at the producer level. The forecast suggests a slight increase in the PPI report. A stronger PPI could support the USD and weigh on equities and rate-sensitive assets, especially if paired with solid output data.<\/div>\n<div class=\"ag-analytics_title-list__strong\">Main events of the day:<\/div>\n<ul class=\"ag-analytics_list\">\n<li>\u2013 UK Consumer Price Index (m\/m) at 09:00 (GMT+3);<\/li>\n<li>\u2013 UK Producer Price Index (m\/m) at 09:00 (GMT+3);<\/li>\n<li>\u2013 Eurozone Trade Balance (m\/m) at 12:00 (GMT+3);<\/li>\n<li>\u2013 US Producer Price Index (m\/m) at 15:30 (GMT+3);<\/li>\n<li>\u2013 US Industrial Production (m\/m) at 16:15 (GMT+3);<\/li>\n<li>\u2013 US Crude Oil Reserves (w\/w) at 17:30 (GMT+3).<\/li>\n<\/ul>\n<div class=\"ag-analytics_title\">Thursday, July 17<\/div>\n<div class=\"ag-analytics_title-list\">Thursday brings a series of high-impact economic releases, with the spotlight firmly on the UK labor market, Eurozone inflation, and US retail sales. The Bank of England will be closely watching for signs that wage growth and job market strength are cooling, which would support the case for a rate cut later in the summer. A soft print across wages and jobs could weigh on the GBP and bolster UK gilts, while stronger-than-expected data would delay dovish expectations. The ECB has emphasized its focus on underlying inflation, especially services, and any stickiness here could temper expectations for aggressive rate cuts. If the headline or core figures surprise to the upside, it could lead to speculation that the ECB might adopt a more cautious approach to future rate cuts, supporting the Euro. A downside surprise, however, might embolden those calling for more rapid easing. In the US, retail sales are expected to rebound 0.2% MoM in June after a surprising 0.9% decline in May. If confirmed, it may signal stabilizing consumer demand, especially important for Q3 GDP tracking.<\/div>\n<div class=\"ag-analytics_title-list__strong\">Main events of the day:<\/div>\n<ul class=\"ag-analytics_list\">\n<li>\u2013 Japan Trade Balance (m\/m) at 02:50 (GMT+3);<\/li>\n<li>\u2013 Australia Unemployment Rate (m\/m) at 04:30 (GMT+3);<\/li>\n<li>\u2013 UK Average Earnings Index (m\/m) at 09:00 (GMT+3);<\/li>\n<li>\u2013 UK Claimant Count Change (m\/m) at 09:00 (GMT+3);<\/li>\n<li>\u2013 UK Unemployment Rate (m\/m) at 09:00 (GMT+3);<\/li>\n<li>\u2013 Eurozone Consumer Price Index (m\/m) at 12:00 (GMT+3);<\/li>\n<li>\u2013 US Retail Sales (m\/m) at 15:30 (GMT+3);<\/li>\n<li>\u2013 US Initial Jobless Claims (w\/w) at 15:30 (GMT+3);<\/li>\n<li>\u2013 US Natural Gas Storage (w\/w) at 17:30 (GMT+3).<\/li>\n<\/ul>\n<div class=\"ag-analytics_title\">Friday, July 18<\/div>\n<div class=\"ag-analytics_title-list\">Friday wraps the week with key data from Japan and the US, offering fresh insight into monetary policy paths for the Bank of Japan and the Federal Reserve. Japan Headline CPI is expected to ease to 3.3% in June from 3.5% YoY, while core inflation is forecast to slow from 3.7% to 3.4% YoY. If the core CPI falls as forecast, or even more, it could support the BoJ&#8217;s current view that underlying inflation pressures are not yet strong enough to warrant aggressive rate hikes. This could lead to a weaker Japanese Yen as the interest rate differential between Japan and other major economies remains wide. Conversely, a surprise upside in inflation could lead to renewed speculation about further BoJ tightening, potentially strengthening the JPY. In the US session, preliminary July data is expected to show a decline in consumer inflation expectations to 4.7% from 5.0%. The Federal Reserve places significant importance on inflation expectations, as they can become self-fulfilling. A lower print could weaken the USD and lift risk sentiment across equities. However, any upside surprise would renew concerns about sticky inflation expectations, potentially boosting Treasury yields and the USD.<\/div>\n<div class=\"ag-analytics_title-list__strong\">Main events of the day:<\/div>\n<ul class=\"ag-analytics_list\">\n<li>\u2013 Japan National Core Consumer Price Index at 02:30 (GMT+3);<\/li>\n<li>\u2013 German Producer Price Index (m\/m) at 09:00 (GMT+3);<\/li>\n<li>\u2013 US Building Permits (m\/m) at 15:30 (GMT+3);<\/li>\n<li>\u2013 US Michigan Inflation Expectations (m\/m) at 17:00 (GMT+3).<\/li>\n<\/ul>\n<p class=\"ag-analytics_text\">by <span class=\"author vcard\"><span class=\"fn\">JustMarkets<\/span><\/span>, 2025.07.14<\/p>\n<p><a class=\"ag-base-btn\" href=\"https:\/\/secure.justmarkets.eu\/ro\/register\/?sl=1\">Open Account<\/a><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Week&#8217;s main events (July 14 \u2013 July 18) This week, US trade policy remains a key variable shaping global growth expectations and market performance. President Trump is expected to continue issuing formal tariff notifications to various trade partners, including the European Union, reinforcing concerns about escalating protectionism. On the data &#8230;<\/p>\n","protected":false},"author":21,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[238,333,336],"tags":[],"class_list":["post-11179","post","type-post","status-publish","format-standard","hentry","category-analytics","category-market-overview","category-weekly-overview"],"featured_image_src":"","blog_images":{"medium":"","large":""},"acf":[],"aioseo_notices":[],"ams_acf":[{"key":"icon","label":"Icon","value":false}],"_links":{"self":[{"href":"https:\/\/justmarkets.eu\/ro\/wp-json\/wp\/v2\/posts\/11179","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/justmarkets.eu\/ro\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/justmarkets.eu\/ro\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/justmarkets.eu\/ro\/wp-json\/wp\/v2\/users\/21"}],"replies":[{"embeddable":true,"href":"https:\/\/justmarkets.eu\/ro\/wp-json\/wp\/v2\/comments?post=11179"}],"version-history":[{"count":1,"href":"https:\/\/justmarkets.eu\/ro\/wp-json\/wp\/v2\/posts\/11179\/revisions"}],"predecessor-version":[{"id":11186,"href":"https:\/\/justmarkets.eu\/ro\/wp-json\/wp\/v2\/posts\/11179\/revisions\/11186"}],"wp:attachment":[{"href":"https:\/\/justmarkets.eu\/ro\/wp-json\/wp\/v2\/media?parent=11179"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/justmarkets.eu\/ro\/wp-json\/wp\/v2\/categories?post=11179"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/justmarkets.eu\/ro\/wp-json\/wp\/v2\/tags?post=11179"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}