The coming days will be rich in readings and events that may increase volatility in global markets.
We begin the week with a few secondary publications and the opening of the Sintra forum, one of the most significant central banker conferences of the year, which may yield valuable information regarding the interest rate path in the largest economies.
Tuesday brings the release of June PMI data from China and inflation data from individual countries on the Old Continent.
On Wednesday, attention will return to Sintra, Portugal, for speeches by President Lagarde and Chairman Warsh (2:00 PM).
Thursday will be the final trading day in the US market due to the long weekend marking the 250th anniversary of independence. Consequently, and quite atypically, the NFP report—the most important data from the US labour market—will be published then.
Friday will be…
