Next Week’s Macro Outlook: New York Fed’s 1-Year Inflation Expectations, New Tariff Red Line Sparks “The Final Battle”
BlockBeats News, August 2 — Following an unexpectedly weak jobs report released on Friday, market expectations for a Federal Reserve rate cut have surged. Trump's new tariffs will take effect on August 7, with the United States imposing at least a 10% tariff on all other countries. Several nations, including Switzerland and India, face punitive tariff rates of 39% and 25% respectively. Some countries may still be able to negotiate for lower rates.
Monday 22:00 (UTC+8): US June Factory Orders MoM;
Tuesday 21:45 (UTC+8): US July S&P Global Services PMI Final;
Tuesday 22:00 (UTC+8): US July ISM Non-Manufacturing PMI;
Thursday 20:30 (UTC+8): US Initial Jobless Claims for the week ending August 2;
Thursday 23:00 (UTC+8): US July New York Fed 1-Year Inflation Expectations.
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