This week, a series of significant events will take the stage one after another, with their influence radiating across the global finance and trade sectors, likely swaying market trends.

On the trade front, the "deadline" for U.S. tariffs on August 1 is approaching, and many trading partners are facing the risk of tariff increases. According to CCTV News, from July 27 to 30, a member of the Political Bureau of the CPC Central Committee and Vice Premier of the State Council held economic and trade talks with the U.S. side in Sweden. These discussions have drawn significant attention, and their results will directly impact global trade dynamics. On the 27th, Trump announced that the U.S. had reached a trade agreement with the EU, imposing a 15% tariff on goods exported from the EU to the U.S. However, other trade negotiations are still progressing slowly, and uncertainty continues to loom over the market.
Central bank dynamics are equally crucial. At Wednesday's FOMC meeting, the Federal Reserve is expected to maintain policy stability, with the divergence between Trump and Powell on the issue of interest rate cuts being the focal point. Although Powell is likely to reaffirm independence and keep interest rates unchanged, if inflation meets expectations, it could open a policy window for rate cuts, providing a positive signal to the market.
In addition, the central banks of Japan and Canada will also announce their interest rate decisions. The Bank of Japan is expected to keep interest rates unchanged, with the focus shifting to the quarterly outlook report and communications regarding the US-Japan trade agreement; the Bank of Canada is expected to maintain the overnight rate at 2.75%.
In terms of data, the PCE inflation data, non-farm payroll report, and US GDP report have been released one after another. The non-farm payroll number for July is expected to increase by 102,000, and these data are closely watched for their impact on the September interest rate meeting. At the same time, China will also release its official manufacturing PMI data. Amid a multitude of complex factors, market volatility may intensify this week, and investors need to pay close attention to various developments.
Energy market, the OPEC+ Joint Ministerial Monitoring Committee held a meeting on July 28, ( Monday ) to assess the implementation of the OPEC+ agreement and the dynamics of the global oil market.
The OPEC+ eight member countries' monthly meeting will be held on August 3rd, (, Sunday, ), during which the eight countries decided to increase production by 548,000 barrels per day in July.
*Central Bank Dynamics and Officials' Speeches from July 28* US-China Economic and Trade Talks from July 27 to 30 #美欧达成关税协议# #稳定币监管动向# #加密总市值破4万亿美元#