Plan your strategies for the trading week ahead with key insights from our team.
Welcome to LCG’s look ahead to the key events in markets for the week starting July 31st, 2017.
We’re in the thick of corporate earnings season – it’s Q2 results in the US and lots of half-year updates coming through in Europe and the UK. The overall tone of these results will help determine whether the current Bull Run in equities gets another leg higher.
There’s also plenty of economic data to sink your teeth into if you are trading the forex market. The RBA rate decision comes after the big breakout in the Aussie dollar, however weaker than expected inflation last week has tempered some bullish bets. EUR/USD broke above 1.17 to hit a 2 1/2yr high last week so Eurozone CPI on Monday and Q2 GDP on Tuesday will be key. It’s of course also the Bank of England’s turn to set interest rates in the aftermath of a modest bounce back in UK GDP last week. Also on tap we have PMIs from Europe, the UK and the US as well as China which could have a bearing on the 2 year high in copper.
Watch the full video where we discuss these topics and more
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