During the week of July 1-7, the market will play out according to the results of the G20 summit and monitor economic statistics from key regions of the world
G20 Summit Outcome
Data on economic activity in China
Independence Day in the United States
On the weekend, full attention of investors was focused on the G20 summit, where the most important problems of world politics and economy were discussed at the highest level. Therefore, at the beginning of the new trading week investors will reference the results of this event. But in the economic calendar there are also many events that can have a very strong impact on the financial markets and significantly change the vector of movement on the main instruments.
Monday, July 1
All financial markets in Canada will be closed on the occasion of Canada Day
The Bank of Japan will present its quarterly Tankan report
China will publish Caixin's manufacturing sector business data
UK to present PMI of manufacturing sector
In Europe, PMI data for the manufacturing sector for the EU as a whole and for individual countries in the region will be made public. A report on the labour market will also be presented on this day.
In the U.S., ISM is expected to publish data on manufacturing activity and employment
Tuesday, July 2
Germany to publish retail sales data for May
UK to present PMI data for the construction sector
Wednesday, July 3rd
Early closure of trading in the United States in anticipation of Independence Day celebrations
Data on the economic activity of the services sector will be presented in Europe and the UK
In the U.S., non-agricultural employment data from ADP, trade balance, service sector PMI, ISM's manufacturing sector PMI, industrial orders and the Ministry of Energy's weekly report will be made public.
Thursday, July 4th
In the United States, there is a day off - Independence Day.
Retail sales data for May will be presented in Europe
Friday, July 5th
Production orders and industrial production data will be presented in Germany
Non-Farm Payrolls will be published in the United States
Canada to report on the state of the labour market