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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 62% of retail investor accounts lose money when trading CFDs with this provider.
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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 62% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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Equities

Macro Monday: Your quick guide to the week ahead

Saxo

Summary:  The markets will once again be influenced by politics this week, as we get the results of the first round of the elections in France on Monday. Then, the UK electorate will head to the polls on Thursday July 4th with results expected on Friday. We also have house price data in the UK on Monday and Friday as well as PMI and ISM data coming out of the EU, UK and US throughout the week. The US Non-Farm payrolls data will be released on Friday at 13:30 UK time to round out the macro calendar for the first week of July and the beginning of trading for the 2nd half of 2024.

Monday

First round election results (France)

Nationwide House Price Index (UK), BoE Consumer Credit (UK), M4 Money Supply (UK), Mortgage Approvals (UK), PMI Manufacturing (UK, EU, US), Construction Spending (US), ISM Manufacturing (US), ISM Prices Paid (US)

Tuesday

CPI Inflation Flash (EU), Unemployment Rate (EU), Auto Sales (US), Job Openings (US), API Crude Stock (US)

Wednesday

PMI Composite (UK), PMI Services (UK), HCOB Services (EU), Producer Price Index (EU), MBA Mortgage Applications (US), Continuing Claims (US), Initial Jobless Claims (US), PMI Composite (US), PMI Services (US), Factory Orders (US), ISM Prices Paid (US), ISM Services (US), Crude Oil Inventories (US), FOMC Interest Rate Minutes (US)

Thursday

UK general election (click here to read a great content piece by Charu)

US national holiday (Independence day)

Friday

Election results (UK), Halifax House Price Index (UK), Retail Sales (EU), Non-Farm Payrolls (US), Unemployment Rate (US)

Quarterly Outlook

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