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Weekly Outlook: Jul 31 – Aug 04; U.S. Non-Farm Payroll Report, RBA & BoE Policy Meetings Ahead

JFD

A busy week ahead with many events that are expected to influence the market. The U.S. NFP report will be determinant for the U.S. dollar’s future performance, while the Bank of England will have its monetary policy meeting and will release the quarterly inflation report.
Monday begins with U.K.’s consumer credit and M4 money supply for June. Eurozone’s unemployment rate is expected to slip lower to 9.2% versus 9.3% in June. July’s headline preliminary inflation rate is expected to remain at 1.3%, as it has been in June.

In the U.S., pending home sales for June will be released, as well as Dallas Fed manufacturing business index for July. Overnight, Australian AiG performance of manufacturing index for June is coming out and later in the night, the Reserve Bank of Australia will announce its interest rate decision alongside with a rate statement.


Read the full financial markets weekly outlook on JFD Research.

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Source: https://www.jfdbrokers.com/en/research-education/jfd-research/daily-market-report/6-daily-market-report/12465-weekly-outlook-jul-31-aug-04-u-s-non-farm-payroll-report-rba-boe-policy-meetings-ahead
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