Market movers this week: Fed minutes on Thursday; China June CPI and June FX
reserves; SK Hynix ADR tentatively set to list on Nasdaq July 10. Monday: U.S.
June ISM non-manufacturing final, S&P Global services PMI final and global
supply-chain stress index; eurozone June PPI and July Sentix confidence;
speeches from Fed Governor Waller and ECB executive board members Schnabel and
Wunsch. Tuesday: China publishes June foreign-exchange reserves; U.S. ADP
payrolls and May trade balance; U.S. Trade Representative holds hearings on
proposed extra tariffs covering ~60 economies (potential trade-policy shock).
Turkey hosts NATO summit through July 8. Wednesday: EIA monthly short-term
energy outlook; weekly U.S. EIA and API crude inventory prints and Cushing stock
update; New Zealand rate decision and RBNZ press conference (July 8). Thursday:
Fed minutes and ECB minutes; 10-year U.S. Treasury auction (stop-out yield and
bid-cover ratio released); China June CPI YoY; FOMC permanent voter and NY Fed
President Williams speaks. Friday: China June M2 YoY; Canada June employment
report; IEA monthly oil market report; SK Hynix ADR expected to debut on Nasdaq
July 10; New Zealand market holiday (exchange closed one day). Weekend/Saturday:
U.S. weekly rotary and oil rig count to July 10.
