The first Monday recap of July is here! Join us for a recap of the most important things that happened at the end of June.
USD
Thursday's jobless claims in the US fell by 6,000 from the previous week to 233,000, below market expectations of 236,000. The number of claims fell for the second week in a row since reaching a ten-month high of 243 thousand. This was more positive news for the USD.
On the other hand, the US economy grew by 1.4 % in the first quarter of 2024, slightly more than the 1.3 % expected. But this "growth" pointed to the lowest since the first half of 2022.
What's in store for us this week?
Monday: PMI in Japan (JPY), PMI in Australia and Retail Sales (AUD), Retail Sales in Switzerland (CHF), PMI from Spain, France, Eurozone (EUR), Inflation Rate in Germany and Federal States (EUR)
Tuesday: eurozone inflation rate (EUR), speech by Jerome Powell (USD)
Looks like a pretty busy week. Our attention will be focused mainly on inflation in Germany, the Eurozone and Switzerland.
Sources:
English 
Czech 
Polish