The easing of trade policies, along with Trump's calls for interest rate cuts by the Federal Reserve, led the US stock market to hit a historic high in June, while the AI giant NVIDIA also regained ground lost earlier in the year, reviving its past glory. Looking ahead to the upcoming July, a series of significant events and economic data will be presented, and investors need to pay close attention.
On July 1 at 21:30 Beijing time, the heads of major global central banks will hold a group meeting, which will include Federal Reserve Chairman Powell, European Central Bank President Lagarde, Bank of England Governor Bailey, Bank of Japan Governor Ueda, and Bank of Korea Governor Lee Chang-yong.
On July 3 at 20:30, the U.S. non-farm payroll data and unemployment rate for June will be released.
Before July 4, the Trump administration may pass the "Big and Beautiful" act. In addition, Musk previously stated that the GROK 4 large model will be released after July 4, and plans to conduct a large-scale training for a dedicated programming model.
July 5 is the anticipated deadline for the Trump administration to announce the tariffs that need to be paid for trade between Canada and the United States. Previously, Trump’s latest stance was to "suspend trade negotiations with Canada until they stop certain tax measures."
Before July 7, Apple will appeal against the $0.583 billion fine imposed by the European Union under the Digital Markets Act.
July 9 is the last deadline for the U.S. government to suspend the collection of 'reciprocal tariffs' for 90 days.
Previously, US Commerce Secretary Lutnick stated: "The White House plans to finalize agreements with 10 major trading partners by July 9," while Trump's latest position is: "(Tariff negotiation deadline) I don't think it needs to be extended, but it can be extended; pauses trade talks with Canada until they stop certain tax measures."
US Treasury Secretary Bessent stated that on July 9, countries would be categorized according to their respective tariff categories. On June 29, he further added: "For countries that negotiate in good faith—or trade blocs like the EU—we are very likely to extend the deadline to continue good-faith negotiations. But if someone is not negotiating, then we will not extend it." Bessent's latest statement is the first public acknowledgment by the Trump administration of flexibility in the tariff timetable.
On July 15 at 20:30, the United States will announce the CPI for June; $Citigroup (C.US)$ 、 $JPMorgan (JPM.US)$ 、 $Wells Fargo & Co (WFC.US)$ The three major investment banks will announce their earnings before the market opens, indicating the start of a new earnings season for listed companies.
On July 16, the U.S. will announce the June PPI.
On July 31 at 02:00 Beijing time, the Federal Reserve will announce the July interest rate decision; half an hour later, Powell will hold a press conference on monetary policy; that evening at 20:30, the U.S. will announce the June PCE data.
Previously, Trump has repeatedly stated his hope for interest rates to decrease while claiming that he would appoint a Federal Reserve chairman who would lower rates. On June 30, he expressed his desire to control rates at 1% or 2%. Recently, several Federal Reserve officials have hinted that there may be a rate cut as early as July. Meanwhile, current Federal Reserve Chairman Powell remains cautious, preferring to wait for more clarity on economic data and the impact of tariffs before making a decision.
Get a sneak peek at major financial events and discover investment opportunities early! Open Futubull > Market > US Stocks >Financial Calendar/Selected macro data, seize the investment opportunities!
Editor/joryn