Post by CMC Markets
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The Week Ahead: Nike earnings, ISM manufacturing and US jobs report π π Nike's latest earnings on Tuesday will offer insights into consumer demand, and may reveal whether the company's turnaround is gaining traction. π Wednesday's ISM manufacturing purchasing managers' index (PMI) report will check the pulse of US economic activity in June, with potential implications for EUR/USD. π The US jobs report, out on Thursday, is expected to show that the worldβs largest economy added 135,000 jobs in June. A stronger-than-expected print might embolden the Federal Reserve to raise rates in its battle to tame inflation, which could weigh on indices such as the S&P 500. For more analysis and the key levels to watch, get Michael J. Kramer insights: https://bit.ly/4eERW36 #CMCMarkets #WeekAhead #Nike #USJobs #Manufacturing #EURUSD #SPX500 68% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.