Economic calendar 3rd. July 2019 Main scheduled events likely to move markets today…
China – Caixin services PMI data drops 1.7 pts to 52 but remains in expansion territory
UK, EU ,France, Italy, Spain, Germany – Service PMI data due between : 08:30 – 09:30
U.S. – Trade balance and jobless data & service PMI reading due: 13:30 – 13:45
U.S. – Non manufacturing PMI for June due: 15:00
Ongoing – U.S. & China trade war uncertainty manifests. Ongoing trade discussions, FED interest rate cut (July rate cut speculation). Geopolitical tensions (U.S. & Iran). UK Brexit. Potential global economic slowdown concerns linger. DOW & S&P 500 continue to set new records.
And the Trump market moving tweet of the day…