The Federal Open Market Committee will release its statement and announce the interest rate on July 31, at 21:00 MT time.
Slow start ahead of the eventful week
We are anticipainting the advance GDP growth today
Today the central bank of Turkey cut its interest rate from 24% to 19.75% (vs. 21.5% expected).
Due to the recent headlines and dovish comments by the ECB president Mario Draghi, there is a 50/50 chance of a rate cut.
The ECB and the Central bank of Turkey are in the spotlight today.
The United States will publish the advance GDP growth on July 26, at 15:30 MT time.
The EUR and the AUD are weak
Boris Johnson becomes the new PM of Great Britain
The European Central Bank will publish its monetary policy statement and announce the official rate on July 25, at 14:45 MT time.