Last week, the US market was seen reaching new historic highs almost every day, and there was a very enthusiastic atmosphere in the market.
While it is attracting attention for asset management companies to increase optimism about US stocks, there is a warning that this excitement can lead to an overly focused attitude, especially in cases of negative developments, leading to sudden fluctuations. The most important part of these risks is Donald Trump’s customs review process, which ends on July 9th.
The market is expected to have a quiet data calendar next week, but the market will closely monitor the minutes of the Fed’s Monetary Policy Conference, speeches from FOMC members, and Trump’s steps on tariffs.
The key macroeconomic developments for next week are as follows (TürkiyeTime/TSI):
- 18:00 Tuesday: New York Fed’s one-year inflation forecast for the United States in June is announced.
- China’s annual CPI data for June will be released on Wednesday, 4:30:30.
- 9pm Wednesday: The Fed will release minutes of its final monetary policy meeting.
- Thursday, 15:30: The first unemployment benefits application for the week ending July 5th will be announced.
- 4pm Thursday: Federal President Massalem, who holds the FOMC voting rights for 2025, talks about the US economy and monetary policy.
- Thursday, 21:30:2027 FOMC member San Francisco President Mary Daly evaluates the outlook for the US economy.
*This is not investment advice.
