01-08-2025
- Business
- Wall Street Journal
Week Ahead for FX, Bonds: U.S. ISM Services Data in Focus; BOE Expected to Cut Rates
The key ISM survey of activity in the U.S. services sector will be closely watched as investors continue to gauge the likelihood of U.S. interest-rate cuts in the coming weeks, particularly after U.S. jobs data for July were much weaker than expected.
Further news on tariff deals will be watched too after U.S. President Trump announced steeper levies for dozens of countries, though most of these will take effect from August 7.