Federal Reserve speakers Monday include Williams, Harker and Cook

• Cook speaks Tuesday evening US time

European Central Bank President Lagarde and chief economist Lane speaking on Monday

• ECB vice-president Luis de Guindos also

Diary note - Bank of Japan Governor Ueda to appear in parliament Monday and Tuesday

• Incoming headlines alert!

China interest rate cuts face internal and external constraints

• The weak yuan is a big constraint

People's Bank of China set MLF rate at 2.5% (expected 2.5%, prior 2.5%)

• Medium-term Lending Facility (MLF) left at 2.5%, as expected

How to trade during holidays and slow markets

PBOC sets USD/ CNY reference rate for today at 7.1149 (vs. estimate at 7.2574)

• PBOC CNY reference rate setting for the trading session ahead.

PBOC is expected to set the USD/CNY reference rate at 7.2574 – Reuters estimate

• The rate will be around 7.11

Evercore raised year-end forecast on S&P500 Index to 6,000 (and 7000 possible by end 2025)

• “The pandemic changed everything” - more stimmy, cash. Now AI, slowing inflation, growth & Fed cuts ahead.

Exercise your trading muscle

Reserve Bank of Australia meet Monday & Tuesday, likely cash rate hold @ 4.35%, 12 yr high

• The RBA is expected to leave its benchmark interest rate unchanged

It's the MLF day in China - No rate cut expected from the People's Bank of China

• Medium-term Lending Facility (MLF) is set in China today, around 0115 GMT (2115 US Eastern time Sunday)

ECB's Kazaks says mustn’t allow inflation to remain above 2% into 2026

• Kazaks spoke at a conference

Trading psychology: Avoiding common traps in your trading

ECB policymakers have no plan to discuss emergency purchases of French bonds

• Reports coming from five unnamed sources

Newsquawk Week Ahead: Highlights include BoE, SNB, US retail sales

• Highlights for the week include central bank decisions from BoE, SNB, and RBA alongside data points such as Flash PMIs and US retail sales

Chicago Fed Pres. Goolsbee CPI data this week was very good

• Chicago Fed Pres. Goolsbee speaking

Have you heard of the four week rule?

Atlanta Fed GDPNow growth estimate for Q2 rises to 3.1%

• Atlanta Fed GDPNow back above 3.0% after a rise from 2.6%

We may be entering the 'kicking and screaming' phase

• This is how it usually goes

ECB's Lagarde: Unless we have a major shock, target is inflation to hit 2% in H2 2025

• Comments from ECB President Lagarde

4+1 Strategies You Can Use With easyTrade

Fed's Mester: We are starting to see inflation move down again after stalling

• Comments from the Fed's Mester

ECB's Centeno: Disinflation process to resume after August

• Remarks by ECB policymaker, Mario Centeno

ECB's Kazāks: Market expectations on rates are 'reasonable'

• Remarks by ECB policymaker, Mārtiņš Kazāks