This week is relatively less risk heavy both in terms of data and events.
What to watch for over the coming days:
- Trump:
The focus will remain on President Trump who announced after G7 meeting that he would take a decision on the Paris Climate Accord within a week.
- US data:
Several US economic releases will attract investors’ attention this week, especially after the recent weakness in the data but upside surprise in GDP numbers; PCE inflation numbers on Tuesday, ADP employment report on Thursday and non-farm payroll report on Friday.
- UK campaigning:
UK Prime Minister Theresa May and opposition leader Jeremy Corbyn are expected to field audience questions in interviews on Channel 4 on Monday.
Along with the above fundamentals, unscheduled Brexit commentaries, happenings in Korean peninsula are likely to keep influencing the market.