FOMC Minutes and Non-Farms in focus this week – Weekly outlook 2nd July
Whilst the USA will be celebrating independence day on Wednesday we will not be short of key news this week. As normal the first week of the month brings us the Non-Farms pay rolls but we also have the FOMC minutes and key Services PMI for the UK. If you are struggling to sleep in the hot nights, then you will have the Australian RBA rate decision and statement and retail sales to trade on Tuesday and Wednesday respectively.
Brexit talks continue to leave the pound in the lurch, the trend looks down but any whispers of a soft Brexit may see short covering rallies.