From IIP Data To Fed Rate Decision: Key Triggers To Sway Investor Confidence This Week
Industrial Production (IIP) data for June will be released on July 28, with higher-than-expected growth positive for equities.
US Federal Reserve will announce interest rate decision on Wednesday, expected to hold at 3.75%, with guidance on future cuts.
Fed Chair press conference on Thursday will be closely watched for comments on inflation and rate cuts.
US Core PCE Inflation (Thursday) and Advance Q2 GDP (expected around 2.3%) are key global triggers this week.
India's government budget balance for June and foreign exchange reserves data will be released on Friday.
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