What key events the releases are scheduled for next week's trading?
Next week, the Fed will be in the quiet period ahead of the FOMC rate meeting on July 30. The S&P Global flash manufacturing and services data will be released for Europe and the US on Thursday. The ECB will likely keep rates unchanged, but given the tariff threat, will likely be biased to more easing .US initial jobless claims fell to 221K last week and moved back toward the lower levels after a modest rise toward 250K.
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