July 1-5. Key events

2019-06-29

G20 summit is over. But its results were largely unclear. Much remains at the level of agreements of the leaders of the countries. In any case, large gaps are expected on the market on Monday, caused by a different understanding of traders of the related economic trends.

Traders will still be attracted by the purchase of major currencies in exchange for the US dollar, due to the expected reduction in the Fed rate in July.

This trend can seriously correct the escalation of the conflict between the United States and Iran, as well as the consequences of political agreements between the leaders of the G20 countries at the last summit. In this case, investors will prefer to move capital in US Treasury bonds, strengthening the dollar index.

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