Investors will have to settle for Japanese statistics on Monday, before the inflation figures for June, both in Europe and across the Atlantic.
A calm Monday before a cascade of inflation figures in the middle of the week | Photo credits: Photo by Colton Jones on Unsplash
The main meeting of the week will be Wednesday, with a series of inflationary indicators in the United States and in the euro zone (France, Germany), where they should reach new records in June. The first quarterly results of major US banks will also be released at the end of the week, but on Monday, no major statistics are expected, operators will turn to the Pacific.
An eye on industrial activity in Japan
On the macroeconomic agenda there are indeed some Japanese indicators such as the basic machine controls in May, a good signal of the state of investment and manufacturing production. They measure the change in the total value of new orders placed with machinery manufacturers and are expected by Bloomberg analysts to decline by 6.4% after two months of consecutive increases. On the other hand, inflation sparing the land of the rising sun, money supply M3which measures the change in the total quantity of yen in circulation, should remain on an almost stable annual increase, at 2.8% in June (Bloomberg consensus).
On the business side, Ekinops and Implanet will reveal their first-half sales figures. The French Nicoxmeanwhile, will hold its general meeting of shareholders.
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