This week, key economic data includes Chinese trade balance figures and US inflation data ahead of the Fed meeting on July 30th, 2025. With calls for Fed Chair Powell’s resignation, US administration pushing for lower rates, and global trade policy shifts affecting tariffs, traders are closely watching for signs of economic impact. Chinese data points to a trade balance surplus and slight growth in exports and imports. Meanwhile, US CPI is expected to show a modest increase in June, with retail sales stabilization but consumer spending weakening. Tariff tensions with the EU and Mexico continue, with negotiations ongoing.
Read more at Investing.com: Weekly Macro Brief: Chinese Economic Data, US Inflation, Tariff Impacts
