Four major events are coming up this week!
1. On Tuesday, Federal Reserve Chairman Powell will deliver an important speech. The market generally pays attention to his speech for clues about the future direction of monetary policy.
2. Immediately afterwards, at 20:15 on Wednesday night, the United States will release the ADP employment data for June. This data is one of the key indicators for the market to assess the health of the US economy.
3. At the same time on Friday, at 20:30, the highly anticipated US June non-farm payrolls report will be released. This data usually has a significant impact on financial markets because it directly reflects the strength of the US job market.
4. In addition, we should not ignore that the market expects that there will be further news on the Mentougou incident before July 15. The market generally hopes that this incident can be properly resolved in early July, either by delaying compensation or by paying in batches. Such a solution will help ease market concerns, while reducing inflation data and raising expectations of the Fed's interest rate cuts. If this situation can be achieved, then a new round of bull market is expected to start.
Market trends this week will be affected by these important events. Investors should pay close attention to the development of these events in order to make wise investment decisions.
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