Market Overview - Page 16

The US dollar remains stable despite weak employment figures and market implications. Forecasts predict potential rate cuts and economic impacts on currencies.

Data on the US and Chinese trade balances will show how effective Donald Trump’s restructuring of the international trade system has been. Final figures on European business activity and statistics from American purchasing managers will demonstrate the resilience of economies.

Oil prices have faced pressure due to US trade tariffs, weak employment data, and OPEC+ increasing production quotas, potentially leading to further declines in prices.

The S&P 500 retreated from record highs, frightened by the Fed’s lack of hints about resuming the cycle of monetary expansion in September. Jerome Powell made it clear that lowering rates prematurely is a bad idea. Accelerating inflation will lead.

With Fed's unexpectedly hawkish tone, markets have sharply reduced expectations for a September rate cut, strengthening the US dollar as inflation concerns linger and tariff-induced pressures begin to emerge.

Despite keeping its key rate steady at 2.75%, the Bank of Canada signalled openness to future cuts amid ongoing economic uncertainty.

Recent US private sector job growth and resilient consumer demand are boosting optimism for the dollar’s continued recovery, as positive employment data sets the stage for a strong official NFP report on Friday

Due to a decline in imports, the US trade deficit narrowed in June to $86 billion, down from $96.4 billion a month earlier and a peak of $162 billion in March. Anticipating trade disputes, US importers began to increase purchases.

Although there is virtually no chance of a rate cut at the end of July, investors and traders will be closely watching for signals in an attempt to assess the likelihood of policy easing in September.

The Dow Jones index has reached high levels, particularly in the tech sector, with indicators showing extreme greed; but this doesn't necessarily signal a sell-off. Investors should keep an eye on market conditions for potential short squeezes.

📉 The dollar dives, stocks soar, and crypto takes a breather — it’s all happening in this week’s Pro News Weekly! In this episode: 👉 Stay ahead of the markets with clear, concise analysis from FxPro.

Upcoming events include interest rate decisions, Nonfarm Payrolls, US GDP data release, FOMC meeting, and trade negotiations.