Key Events

• Investors are shifting focus to a lighter US economic calendar following the recent payrolls report, though global events remain active. • Key market catalysts for the week include the release of the Institute for Supply Management (ISM) data and the publication of the Federal Open Market Committee (FOMC) meeting minutes. • Market participants are closely monitoring scheduled speeches from Federal Reserve officials to gauge future interest rate trajectories and monetary policy shifts.

• Markets are preparing for a critical week from June 29 to July 3, 2026, highlighted by the release of US June nonfarm payrolls, unemployment rates, and average hourly earnings on Thursday at 8:30 AM ET. • Key international data includes Eurozone flash CPI on Wednesday—the first since the ECB hike—and a monetary policy decision from Colombia on Tuesday. • These reports serve as essential "tone-setting" indicators for investors, as major central banks are not scheduled to make further policy decisions for another six to eight weeks.

• Central banks are expected to dominate the global economic agenda this coming week, overshadowing news regarding AI and Iran. • Key US economic indicators will be under scrutiny, with a primary focus on the release of May retail sales data. • Investors are closely monitoring the first FOMC meeting featuring Kevin Warsh, alongside the formal signing of the Iran deal.