- US ISM Manufacturing PMI for June (July 1st at 15:00 GMT+1)
ISM Manufacturing PMI previous print was 49.2. The number was lower than the expected 50.0.
Possible influence: Volatile US Dollar, Gold and US Stocks
- UK General Election (July 4th)
A General Election will be held with the current conservative government led by Prime Minister Sunak facing the Labour Party’s Keir Stamer. The Labour Party is expected to win with a comfortable majority in parliament.
Possible influence: Volatile GBP and Gold
- French Parliamentary Elections (July 7th)
Final Round of surprise French parliamentary elections called by President Macron. The eurosceptic National Front is likely to be the largest party and Macron’s party may have significant losses.
Possible influence: Volatile EUR and Gold
- U.S. Unemployment Rate and Non-Farm Payrolls (NFP) (June) (July 5th at 13:30 GMT+1)
The previous month had unemployment at 4.0%. Nonfarm Payrolls for the previous month printed 275,000.
Possible Influence: Volatile US Dollar, Gold
- US Inflation data (June) (July 11th at 13:30 GMT+1)
Core CPI (excluding food and energy) was 3.4%, Year-over-Year in May. Top-line CPI for May came in at 3.3%, lower than the expected 3.4%.
Possible Influence: Volatile US Dollar, Gold and US Stocks
- Broadcom 10:1 Stock Split July 15th
Possible Influence: Volatile Broadcom stock and US stocks
- Retail Sales in the US for (June) (July 16th at 13:30 GMT+1)
Month-over-Month Retail Sales was at 0.1% in May, which was lower than expected by the market.
Possible Influence: Volatile US Dollar, Gold and US Stocks
- European Central Bank Meeting (July 18th at 13:15 GMT+1)
The European Central Bank will meet to discuss interest rates. Rates are currently at 4.25% after a rate cut of 25 basis points last month. Rates are expected to remain unchanged.
Possible Influence: Volatile Euro and European Stocks
- Bank of Canada Meeting (July 24th at 14:45 GMT+1)
The Bank of Canada will meet to set interest rates. They are currently 4.75% after the bank cut interest rates in June by 25 basis points.
Possible Influence: Volatile Canadian Dollar and Canadian Stocks
- Bank of Japan Meeting (July 31st at 03:00 GMT+1)
The Bank of Japan will meet to set its interest rates. In March the bank increased rates by 10 basis points to 0.10%, the first increase since 2016.
Possible Influence: Volatile Japanese Yen
- Federal Reserve meeting and press conference (July 31st at 19:00 GMT+1 and 19:30 GMT+1)
The US Federal Open Market Committee of the U.S Federal Reserve will conclude its 2-day meeting to decide on interest rates. The current rate is 5.5%. Analysts expect the rate to remain unchanged at this meeting.
Possible Influence: Volatile US Dollar, Stocks, Gold
- Company Q2 Earnings Season (July)
The 2nd Quarter earnings season kicks off in July with major banks like JP Morgan (July 12th) and Goldman Sachs (July 15th) declaring. Giants such as Tesla (July 23th) and Netflix (July 18th) are among the first major companies to declare their results. Microsoft and Apple expect to announce results on July 23rd and July 24th respectively. Amazon will post on July 25th.
Possible Influence: Volatile US Stocks