In terms of data, this week is relatively less risk heavy but post-Brexit fallouts can always compensate for that.
What to watch for over the coming days:
- US earnings season -
Once again the earnings will keep dominating the movement in S&P500 and will act as a key ingredient in the market in defining the risks. More than 90 companies listed on the S&P 500 are scheduled to report results this week, which include some of the big names like Bank of America, Morgan Stanley and Goldman Sachs, Yahoo, Netflix, Microsoft, Halliburton, Intel, Qualcomm, Schlumberger, Chipotle, and Starbucks.
- US Presidential Election -
Much anticipated Republican Party’s convention is beginning this week, on Monday. Political analysts are likely to keep a close eye on this three-day event to see whether Republican presumptive nominee Donald Trump secures the united party backing or not.
- ECB monetary policy –
European Central Bank (ECB) monetary policy decision is the most important scheduled event as it will be the central bank’s first policy meeting since the UK referendum vote. While Bank of England (BoE) has cleared its intention of easing probably in June, ECB hasn’t signaled much other than the saying that the referendum likely to weigh over growth in the Eurozone.


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South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election
Asian Markets Slip as AI Spending Fears Shake Tech, Wall Street Futures Rebound
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 



