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Mixed US data ahead of FOMC meeting: Can we expect first rate cut in September?
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Busy week

We have a busy week ahead.

Megacap tech giants Microsoft, Apple, Meta and Amazon will be reporting their earnings.

Then, we have the FOMC meeting on 30 and 31 July, where the Fed is expected to hold the interest rates steady. The stock market will be more interested to know if there’s any hint of a rate cut in Sep

Then on Friday, July’s jobs report will be out. Let’s see if unemployment rate is going up again.
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