April 18, 2024

Calendar overview for today (Thursday 1st July 2021)

Canada has beautiful weather almost all year round, and it is impossible to play hockey for only a few months of the year.

Although Canadians have a day off today, they are hockeythey will definitely not be able to play, the rain after all and the temperature is + 19 *, but we will have to work hard with you today, and even more so on the first day of the second half of the year. During the current day, we will be able to get acquainted with such data as the numbers on the index of business activity in the manufacturing sector in Spain, Italy, Germany and the UK, as well as the unemployment rate in Italy and the EU.

As for the US, today will be publisheddata on initial applications for unemployment benefits, PMI in the manufacturing sector, which in turn is undoubtedly important macroeconomic indicators, and also the ISM business activity index.

It is important to note that a meeting will be held todayOPEC, a funny factor for today is that, on the one hand, we see a good trend in the strengthening of the dollar and the US market, as well as the growth of metals, all this together somehow does not fit into a single picture, therefore, we are guaranteed a certain shake-up. In fact, there are two scenarios where metals will fly down again, and the dollar in the form of an Olympus will tend to rise, or the second option is where the dollar makes a dead cat leap, and all its growth ambitions will turn out to be temporary. Personally, I tend to the latter, and at the moment I don't really believe in a strong BAX.

Important today:
OPEC-JMMC Meetings
EUR - ECB President Lagarde Speaks
EUR - German Final Manufacturing PMI
GBP - BOE Gov Bailey Speaks
GBP - Final Manufacturing PMI
USD - ISM Manufacturing PMI

Calendar overview for today (Thursday 1st July 2021)

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