Look ahead: NFP; UK Halifax house price index; German industrial production
Brace for dollar volatility ahead of a key US jobs report as world stocks continue to clock up more record highs.
Germany releases industrial output data and look out for UK housebuilders as Halifax reports its latest house price index print. Europe is on politics watch again as the UK ushers in a new government.
(AI Video Summary)
NFPs and Halifax
In the financial "Look ahead" hosted by Angeline Ong, key events and metrics are discussed including the upcoming non-farm payrolls (NFPs) data expected at 190,000 jobs for June, with an unchanged unemployment rate of 4%. Other notable points included the Halifax house price index, potentially showing a 0.2% increase in June, German industrial production also anticipated to rise by 0.2% for May, and UK election results due after the polls close.
Forex analyses
Also examined is the foreign exchange market, specifically the strengthening trend of the EUR/USD pair, and the GBP/USD and EUR/GBP pairs amidst the UK elections. Market reactions to these data points could signal potential adjustments in Federal Reserve (Fed) interest rate policies.
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