Key events to watch in July 2021 for markets

Here is a snapshot of key events this month which will have a bearing on the markets

Team RupeeIQ Jul 1, 2021
Date Event Expectations from the outcome
Jul-02 US Nonfarm Payrolls US Non-farm Payrolls are likely to increase by 600,000 from previous rise of 559,000. Positive impact on the US dollar is expected ahead of the release
Jul-02 US Unemployment Rate US Unemployment rate is expected to decline to 5.7% from previous 5.8%. Positive impact on the US dollar is expected ahead of the release
Jul-13 US Core Consumer Price Index US Core CPI is likely to decrease to 0.4% from previous 0.7%. Negative impact on the US dollar is expected ahead of the release
Jul-16 Euro Zone Consumer Price Index Euro Zone CPI is expected to remain unchanged at 2.0%. Volatility in the single currency is expected ahead of the release
Jul-28 US Fed Interest Rate Decision US Federal Reserve is likely to keep interest rates near zero to support the US economy. Volatility is expected in the dollar ahead of the event

Source: ICICIDirect


Team RupeeIQ

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Mohammed Haseeb