Fed Decision and Big Tech Earnings Dominate Today’s Financial Market Agenda
Financial markets brace for a high-stakes day, with macroeconomic data (US and Eurozone GDP), central bank decisions (Canada and the Fed), and earnings reports from big tech (Meta and Microsoft).
In the background, markets remain focused on the anticipated breakthrough in US-China negotiations. Equities are still expected to rise, though with a bit more uncertainty. Corporate bonds continue to show a positive tone.
Our intermarket dashboards remain frozen. The market climate is still “risk-on”, with some slight softening mainly due to the wait for this week’s key macro data.
On the macro front, all eyes are on the Fed’s decision.
The consensus is for no changes, but with strong signals of a potential move in September. Also expected today are Q2 GDP figures for both the Eurozone and the US, the ADP employment report for the US labor market, the Euro area Economic Sentiment Index, and the Bank of Canada’s rate decision.
It’s a key day for earnings reports, with results due from Microsoft and Meta, as well as from Mercedes, Hermès, and Intesa Sanpaolo.
Our forecast analysis suggests another overall positive day for equities, although with signs of caution and slightly rising volatility in some European indices. Positive signals continue for corporate bonds, while US Treasury yields are expected to decline. Commodities are showing positive momentum. Volatility remains stable.
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NOTES AND WARNINGS
Data compiled by kbmeter.com. Analysis date: 30 July 2025 - 7:30 AM GMT+1
This content is provided for informational purposes only and should not be considered financial advice. All scores and assessments are based on the previous trading day’s closing prices. Futures indications refer to the date and time of the analysis.
