IG's Week Ahead: Aussie rates, Sainsbury's earnings

IG trading the markets

English - July 02, 2023 17:00 - 4 minutes - 5 MB - ★★★★★ - 1 rating
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Previous Episode: ‘Bank of England may have to turn to unemployment to push inflation down’

Next Episode: How long will the downturn in house prices persist?

Monday brings a new month, a new quarter and the second half of the year, however it’s likely to be a quiet start being Thanksgiving day on Tuesday.

That being said Monday brings the Tankan large manufacturers index which could be another reason to sell the yen, and the Austalian rate decision on Tuesday which seems to be a balancing act between hold or hike.

Then there’s the Federal Reserve minutes from the last meeting on Wednesday, a day before ADP private payrolls which itself is a day before non-farm payroll data.

On the corporate agenda Sainsbury's has a Q3 trading statement, Currys delivers full-year numbers and we have a second quarter report from Levi & Co.

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