The Dow Jones closed at a record high of 40,211.72 on Monday, 15 July. Conversely, the US dollar weakened to a near-five-week low of 104.3. What are the potential reasons behind these market moves? Let’s take a closer look.
This week, the RNC convention, ECB rate decision, corporate earnings, and other key reports will take place. What can traders, economists, and consumers expect?
Explore last week’s election results and this week’s (the week of 8 July 2024) upcoming key reports 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?
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