Final week, the US markets had been seen reaching new historic highs virtually daily, and there was a really enthusiastic environment within the markets.
Whereas asset administration firms’ growing optimism about US shares is drawing consideration, there are warnings that this pleasure might result in overly concentrated positions and trigger sharp fluctuations, particularly within the occasion of a adverse growth. Crucial of those dangers is Donald Trump’s customs tax evaluation course of, which is able to finish on July 9.
Subsequent week, markets are anticipated to have a quieter information calendar, however markets might be carefully monitoring the Fed’s financial coverage assembly minutes, FOMC members’ speeches and Trump’s steps concerning tariffs.
Listed below are the important thing macroeconomic developments for the approaching week (Türkiye time / TSI):
- Tuesday, 18:00: US New York FED’s 1-year inflation expectation for June might be introduced.
- Wednesday, 04:30: China’s annual CPI information for June might be launched.
- Wednesday, 9:00 p.m.: The Fed will launch the minutes of its final financial coverage assembly.
- Thursday, 15:30: Preliminary unemployment profit purposes for the week ending July 5 might be introduced.
- Thursday, 4:00 p.m.: St. Louis Fed President Moussalem, who has 2025 FOMC voting rights, will converse on the U.S. financial system and financial coverage.
- Thursday, 21:30: San Francisco Fed President Mary Daly, who’s a member of the 2027 FOMC, will consider the outlook for the US financial system.
*This isn’t funding recommendation.
