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Explore last week’s election results and this week’s (the week of 8 July 2024) upcoming key reports in this article.
On Wednesday and Thursday, key economic data were revealed, providing traders and economists with valuable insights. Explore how the US, Japan, and the Eurozone are faring in this article.
As UK citizens head to the ballots for the first time in almost five years, polls suggest a landslide victory for Labour. Yet, policy shifts under the potential new government are expected to align with the Tories, with major announcements unlikely. How might this affect the markets?
The Japanese Yen (JPY) continued to fall on Tuesday, 2nd July, reaching a new 38-year low against the US Dollar (USD) at around 161.66. With the Yen at a multi-decade low, speculation is mounting about a potential intervention by Japanese officials to stabilise the currency. What should traders expect?
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This information is written by Plus500 Ltd. The information is provided for general purposes only, and does not take into account any personal circumstances or objectives. Before acting on this material, you should consider whether it is suitable for your particular circumstances and, if necessary, seek professional advice. No representation or warranty is given as to the accuracy or completeness of this information. It does not constitute financial, investment or other advice on which you can rely. Any references to past performance, historical returns, future projections, and statistical forecasts are no guarantee of future returns or future performance. Plus500 will not be held responsible for any use that may be made of this information and for any consequences that may result from such use. Hence, any person acting based on this information does so at their own discretion. The information has not been prepared in accordance with legal requirements designed to promote the independence of investment research.
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