Contrary to the previous week, the second week of July does not look so impressive.
General situation at the market will depend on the events with Greece referendum. It may distract attention from the other statistics that usually affect the market. However, market will not ignore it completely.
On Monday, July 6 only the strong news-releases from North America are expected – data from the Canadian and US PMI.
Tuesday will start with the Australian Central Bank decision on interest rates; later the data on British industrial production are expected. Foreign trade balance from United States and Canada will close the day.
The only interesting thing on Wednesday will be the minutes of the last Fed meeting.
But on Thursday we will see the Chinese CPI data, the Australian employment rate and the Bank of England decision about interest rates.
Week ends rather calmly. The only strong news releases that can move the market on Friday are expected from the data publication on Canadian unemployment and the speech of the Fed’s Janet Yellen. On the other hand nobody is waiting drastic changes on the market after Janet Yellen speech.
We wish you a profitable week!