The United States will release the advance GDP growth rate for the previous quarter on July 30, at 15:30 MT time.
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 US unemployment claims are announced on Thursday at 15:30 MT time.
The Australian Monetary Policy Meeting Minutes are announced on Tuesday at 04:30 MT time.
Follow the report on August 14 at 15:30 MT time!
The market sentiment switched to risk-on. The US dollar is dipping down, while riskier assets are rising, especially the Australian dollar after the positive employment data. All eyes on US unemployment claims.
Everyone is talking about a stock split of Tesla. What is it?