Scheduled economic news likely to move markets today
U.S. – an array of Fed speakers today with the Fed’s chair Powell speech scheduled for: 13:45 (BST)
Summary
Ongoing – U.S. & China trade war – talks progress update awaited. Fed July interest rate cut speculation has been dampened as better than expected U.S. job data announced last week has cast some doubt. How strong is the U.S. economy? U.S. policy affects global markets.
Geopolitical tensions (U.S. & Iran). UK Brexit saga continues. U.K. leadership replacement. Italy debt and weakening economy. Potential global economic slowdown concerns linger. And latest diplomatic spat between U.S. and UK over the UK’s U.S. ambassador’s alleged leaked comments leading to President Trump’s criticism of Prime Minister May. Japan and South Korea trade tensions reported.
And Trump’s tweets…