This week could be a relatively quiet one for the currencies, but it is worth keeping an eye on oil prices and the rhetoric of the Fed officials.
The Fed's opinion on future interest rate decisions is pretty much the only thing of interest to the capital markets currently. The US dollar is continuingto fall, which is drawing a lot of attention.
This week will provoke a surge in volatility because a series of interest rate increases by several Central Banks is coming. The USD is most likely to continue its victorious advance.
The third week of July is going to be busy with news and events – rate decisions by the European Central Bank and the Bank of Japan, as well as employment and inflation data from the UK and Canada, respectively.
Over the first week of July, investors will be focused on employment market in key economies and CB decisions.
A week of Central banks meetings starts, and it can turn out quite energetic and active. Meanwhile, the macroeconomic calendar will offer a whole bunch of interesting statistics, which means investors will hardly have time for boredom.
The new week of April will bring certain results of meetings of several important Central banks and some data from the Canadian and British economies. There will be enough market drivers for investors to choose from.
The new week of September will bring in tow decisions on the interest rates from the Banks of England and Canada, as well as a flow of important macroeconomic reports. At the beginning of the week, investors will have a chance to have a rest from raging market volatility but later on, they will have to put themselves together not to miss the most interesting things.
The beginning of a new month is traditionally the time for a flow of statistics and news. The digits from the USA and the data from Asia are of great importance. You will never get bored this week.
The beginning of this week of August is calm and extremely quiet: nothing new on the macroeconomic calendar, the news flow is smooth. However, the information is going to become more and more topical, while the rates of currencies and assets will fluctuate more actively.
People stay self-isolated all over the world while economies receive more and more support from Central banks and financial authorities. At the same time, the commodity market remains turbulent, and the currency market is getting agitated.