The Day Ahead

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The Day AheadEURO VS BRITISH POUNDTRADENATION:EURGBPTradeNationToday's attention will be on a busy calendar of economic data and central bank speakers that could drive market volatility. In the US, investors will focus on the June ISM Manufacturing PMI, the ADP employment report, and May construction spending for fresh insights into economic momentum ahead of Friday's non-farm payrolls report. In Asia, Japan releases the Bank of Japan's Q2 Tankan Survey, one of the country's most closely watched business sentiment indicators, alongside June consumer confidence. China will publish the June RatingDog Manufacturing PMI, providing another snapshot of manufacturing activity. In Europe, the key release is the Eurozone's June CPI inflation report, which could influence expectations for future ECB policy. Italy will also publish new car registrations, its budget balance, and first-quarter deficit-to-GDP figures. Central bank commentary remains in focus, with speeches scheduled from the Federal Reserve, the ECB, the Bank of England, and the Bank of Canada, as markets look for further guidance on the outlook for interest rates. On the corporate front, General Mills reports earnings. Elsewhere, Ireland assumes the rotating presidency of the Council of the European Union, taking the lead in coordinating the EU's legislative agenda over the coming six months. The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance. To the extent permitted by law, in no event shall Trade Nation (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk. Any information which could be construed as “investment research” has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Financial Spread Bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73.7% 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.