Weekly Talking Points - US Fed and economic data watch

Our round-up of what to expect in the coming week and the key events of last week. In our latest Weekly Talking Points we discuss the upcoming Fed meeting and economic data. The Fed is expected to keep rates steady but traders may hope for rate cut hints later this year. US Q2 GDP and the employment report for July are also worth watching, with the Bank of Canada and Bank of Japan meetings worth noting as well. The US 01st August tariff deal deadline is at hand, which will keep traders on the hop no doubt. Our weekly Spotlight looks at the Japanese TOPIX index in JPY and USD terms as investors continue to step up. Our Review section looks at US tariffs with the 15% announcement for Japan bolstering sentiment. We note that US homebuilders held up on the week, but can this last? We also look at European shares as key indices are still rallying.

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