Quieter day on the economic calendar
U.S. – Stock markets closed for Independence day holiday.
EU – Retail sales data due at: 10:00
Ongoing – U.S. & China trade war uncertainty manifests – markets waiting for ongoing trade discussion updates, FED interest rate cut (July rate cut speculation increases due to trade talks and weaker than expected economic data). Geopolitical tensions (U.S. & Iran). UK Brexit. Potential global economic slowdown concerns linger. DOW & S&P 500 continue to set new records.
And Trump tweets…