Calm the markets after a week of commercial deals

A look at next day in the European and global markets of Gregor Stewart Hunter

Aaaaaand … breathing. After a huge week of commercial deals, more the European Central Bank and the buyer of the Japanese bond market, investors are recently stopped from the risk march in front of US President Donald Trump on August 1.

Merchants can be exempt some profits. On Docket next week, there are interest rate decisions from the American Federal Reserve, the Bank of Japan and the Bank of Canada, as well as salary data that is not planted in the United States from Amazon, Apple, Meta and Microsoft.

The profit season has so far set the fact that companies that have focused on artificial intelligence are doing.

Another reasons for relaxation: After a rare visit – tense – to the Federal Reserve on Thursday, Trump expressed his dissatisfaction with the cost of renewing the bank’s headquarters, but he said that he would not shoot Jerome Powell, the head of the fire. Now, anyway.

“Doing this is a big step and I do not think it is necessary,” Trump told reporters after the visit. Returns on Treasury and the US dollar index have not changed after that, which again ignores Trump’s attacks on Powell and the threat to the independence of the federal reserves involved in such attacks.

However, Wall Street seemed to extend to record levels until the end of the week, both of which rose in the S&P 500 and NASDAQ indicators about 0.2 %.

Last week, he witnessed trade agreements with Japan, Indonesia and the Philippines, while Deal’s talks with the European Union and South Korea continued.

Trump has since said that Australia has agreed to open its market to American beef in a post on the social truth, and will then meet with British Prime Minister Kiir Starmer in Aberdeen, Scotland, to rid the details of an agreed trade framework in June.

In the hot seat, the ruler of Boj Kazuo UEDA remains after the Tukeo’s primary consumer index increased by 2.9 % on a year in July. The central bank is in a difficult place when it comes to inflation management. Her hands are associated with increasing pressure on the Prime Minister to step down after the weekend elections, but with no clear candidate to replace him.

The dollar is strengthened 0.2 % against the yen after inflation data to 147.23. However, the Japanese currency is still on the path for a 1.1 % weekly profit.

The main developments that can affect the markets on Friday:

* United States profits: HCA Healthcare, Communications Charter * European profits: Volkswagen, Natwist, Eni * American Data: Durable goods orders for June, Federal Services Activity in Kansas City for the month of July. Italian data: consumer confidence and manufacturing