Jeremy Oles
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| Time(GMT+0/UTC+0) | State | Importance | Event | Forecast | Previous |
| 01:30 |  | 2 points | Home Loans (MoM) | 2.0% | 4.3% |
| 10:00 |  | 2 points | Eurogroup Meetings | ——— | ——— |
| 15:00 |  | 2 points | NY Fed 1-Year Consumer Inflation Expectations | ——— | 3.2% |
| 19:00 | | 2 points | Consumer Credit (May) | 10.70B | 6.40B |
| 19:30 | | 2 points | CFTC Crude Oil speculative net positions | ——— | 271.2K |
| 19:30 | | 2 points | CFTC Gold speculative net positions | ——— | 246.2K |
| 19:30 | | 2 points | CFTC Nasdaq 100 speculative net positions | ——— | 7.4K |
| 19:30 | | 2 points | CFTC S&P 500 speculative net positions | ——— | -65.2K |
| 19:30 | | 2 points | CFTC AUD speculative net positions | ——— | -23.7K |
| 19:30 |  | 2 points | CFTC JPY speculative net positions | ——— | -173.9K |
| 19:30 | | 2 points | CFTC EUR speculative net positions | ——— | -8.4K |
Summary of Upcoming Economic Events on July 8, 2024
- Australia Home Loans (MoM): Monthly change in new home loans. Forecast: +2.0%, Previous: +4.3%.
- Eurogroup Meetings: Discussions by Eurozone finance ministers on economic policies.
- NY Fed 1-Year Consumer Inflation Expectations: Expected inflation over the next year. Previous: 3.2%.
- US Consumer Credit (May): Change in total outstanding consumer credit. Forecast: +$10.70B, Previous: +$6.40B.
- CFTC Speculative Net Positions: Weekly data on speculative positions in crude oil, gold, Nasdaq 100, S&P 500, AUD, JPY, and EUR.
Market Impact Analysis
- Australia Home Loans: Stable figures suggest a steady housing market; deviations could impact AUD.
- Eurogroup Meetings: Expected discussions maintain stability; surprises could affect Eurozone markets.
- NY Fed Inflation Expectations: Stable expectations support confidence; higher forecasts might raise inflation concerns.
- US Consumer Credit: Expected increase indicates strong consumer spending; significant changes could affect economic outlook.
- CFTC Speculative Positions: Reflects market sentiment; large shifts might indicate potential volatility.
Overall Impact
- Volatility: Moderate, with potential increases from significant changes in consumer credit and inflation expectations.
- Impact Score: 5/10, indicating moderate potential for market movements.
