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Commodites, Foreign Currency and U.S. Dollar Strength Will Add to Volatility

July 26, 2023
in Trade Tube
Reading Time: 1 min read
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Market volatility made a come back following non-farm payrolls data and now the attention shifts to the FOMC and monetary policy. TheStreet’s Jill Malandrino and David Peltier point out key events to watch in the trading week ahead including the Apple Watch event, retail sales and Greece debt funding for repayment. The earnings calendar is light, but traders will focus on retailers to gauge the strength of consumer spend trends and companies in special situations like Dollar General and Ann. The commodity and currency trades will also draw attention due to the level in the U.S. dollar and ongoing oil supply glut.

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