Weekly Market Outlook
This week marks the resumption of EU/UK trade talks on Monday. The most recent developments give grounds for concern about further postponement of the deadline for the agreement. On Wednesday, markets are expecting to see the fresh EU flash CPI numbers, against a background of limited monetary action from the ECB. One more highlight for the day is the UK’s final GDP for Q2. Global manufacturing PMIs are due Thursday. Friday draws investors’ attention to the most important data for the entire week: the US unemployment report. Some analysts see a marginal decrease in unemployment rate. This, of course, is far from certain, so surprises in these figures could result in high volatility.