Friday, July 11 – Key Economic Data Summary:
US: June federal budget balance will shed light on fiscal health. A wider deficit may raise debt concerns and impact bond markets.
UK: May monthly GDP is crucial for gauging recession risk. Weak growth could pressure the pound and fuel rate cut expectations.
Germany: June wholesale prices and May current account data will influence ECB policy views and Euro sentiment. Falling prices support easing; a lower surplus signals trade weakness.
Canada: June jobs report and May building permits highlight labor and housing trends. Strong jobs may delay rate cuts; weak permits suggest housing softness.
Market Focus: Currency and bond market volatility likely, especially in GBP, CAD, and EUR, with equities reacting to growth signals.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
US: June federal budget balance will shed light on fiscal health. A wider deficit may raise debt concerns and impact bond markets.
UK: May monthly GDP is crucial for gauging recession risk. Weak growth could pressure the pound and fuel rate cut expectations.
Germany: June wholesale prices and May current account data will influence ECB policy views and Euro sentiment. Falling prices support easing; a lower surplus signals trade weakness.
Canada: June jobs report and May building permits highlight labor and housing trends. Strong jobs may delay rate cuts; weak permits suggest housing softness.
Market Focus: Currency and bond market volatility likely, especially in GBP, CAD, and EUR, with equities reacting to growth signals.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.