FX.co ★ Week Ahead - June 30th

Investor focus will soon shift to the evolving landscape of trade negotiations between the United States and its principal trading partners, with attention drawn to the July 9th deadline. This date signifies the conclusion of the 90-day suspension of US tariffs initiated in April. Simultaneously, market participants will be scrutinizing the ECB Central Bank Forum, where leading policymakers, including Federal Reserve Chair Jerome Powell, are anticipated to shed light on economic and monetary projections. In terms of upcoming data releases, the US labor market report is expected to show further signs of deceleration. Other significant economic indicators on the horizon include the ISM Manufacturing and Services PMIs, US trade balance statistics, the official and Caixin PMIs from China, inflation data from the Eurozone, factory order statistics from Germany, Japan’s Tankan business sentiment index, and Australia’s trade data.