ECB meeting is on the agenda. Will the EUR get weaker?
The NFP will affect the greenback
The United States will release the non-farm employment change, also known as non-farm payrolls or NFP at 15:30 MT time on July 5. NFP is considered one of the leading indicators of employment, which represents the economic activity of the country. Last time the indicator came out lower than the forecasts (75K vs 177K expected). These figures made the USD plunge. If the situation is different this time, the greenback will be supported.
• If the NFP is higher than expected, the USD will rise.
• If the NFP is lower than expected, the USD will fall.
The news that opposition lawmakers plan to stop Boris Johnson to leave the European Union without a deal increased the political uncertainties in the UK.
The level of non-farm payrolls (NFP), also known as non-farm employment change will be published on September 6, at 15:30 MT time.
The retail sales for the US in focus today
During today's Turkish central bank meeting, the market anticipated a rate cut between 200-300 pips.
The USA will publish the level of retail sales and core retail sales on September 13, at 15:30 MT time.