The upcoming week will see significant attention on the Federal Reserve and European Central Bank meeting minutes, as investors seek insights into potential interest rate changes. The Fed's minutes, set for release early Thursday, will be the first under new Chair Walsh, with rates currently steady at 3.5%-3.75%. Meanwhile, the ECB will release its June meeting minutes on Thursday evening.
This follows a week where the U.S. dollar weakened against major currencies due to disappointing non-farm payroll data, and gold prices rebounded, closing at $4,174.66 per ounce. The economic calendar also includes key data releases such as the Eurozone's May PPI and retail sales, U.S. service sector PMIs, and ADP employment changes. The earnings schedule remains light, focusing on consumer staples, apparel, and airlines, ahead of the mid-July bank earnings peak.
Fed and ECB Meeting Minutes to Highlight Upcoming Economic Calendar
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