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This week is relatively less risk-heavy, both in terms of data and events.
What to watch for over the coming days:
- Central Banks:
European Central Bank (ECB) will announce interest rate decision on Thursday. Bank of Japan (BoJ) will also announce the rate decision on Thursday.
- Economic data:
Second quarter inflation report from New Zealand on Monday and inflation report from the UK on Tuesday, along with key Chinese data throughout the week.
- Brexit:
The European Union’s Brexit negotiator, Michel Barnier, meets his UK counterpart David Davis in Brussels on Monday for their second round of divorce talks.
- US Earnings:
Second quarter earnings season continue this week with reports from nearly 70 companies including big names like Bank of America, Goldman Sachs, Morgan Stanley, Netflix, Johnson & Johnson, CSX, Qualcomm, Microsoft, and Honeywell.
Along with the above fundamentals, unscheduled Brexit commentaries, happenings in the Middle East and Korean peninsula are likely to keep influencing the market.
