Key Data Next Week: Eurozone PPI, US ISM Services PMI, ADP Employment, EIA Crude Inventories, Jobless Claims

According to Jin10, the dollar weakened against most major currencies this week following soft US nonfarm payrolls data, with the largest declines against the New Zealand dollar, Swiss franc, and British pound. Spot gold and silver closed Friday at $4,174.66 and $62.38 per ounce respectively, up 2.29% and 6.1%. Gold rebounded this week, briefly approaching $4,200 per ounce on Friday for its first weekly gain in five weeks. While oil prices have retreated to pre-conflict levels, the broader economic impact of the energy shock from the Middle East conflict may not yet be fully realized.
Key events to watch for the week of July 6–10, 2026 (all times UTC):
Mon Jul 6, 09:00 — Eurozone May PPI (MoM); Eurozone May Retail Sales (MoM)
Mon Jul 6, 13:45 — US June S&P Global Services PMI Final
Mon Jul 6, 14:00 — US June ISM Non-Manufacturing PMI; US June Global Supply Chain Pressure Index
Mon Jul 6, 15:00 — Fed Governor Christopher Waller, ECB Executive Board Member Isabel Schnabel, ECB Governing Council Member Pierre Wunsch & Riksbank Deputy Governor Anna Seim speak
Tue Jul 7, 12:15 — US ADP Employment Change (Weekly), week ending Jun 20
Wed Jul 8, 14:00 — US May Wholesale Sales (MoM)
Wed Jul 8, 14:30 — US EIA Crude Oil Inventories; Cushing Crude Inventories; Strategic Petroleum Reserve, week ending Jul 3
Wed Jul 8, 18:00 — FOMC Monetary Policy Meeting Minutes
Thu Jul 9, 11:30 — ECB June Monetary Policy Meeting Minutes
Thu Jul 9, 12:30 — US Initial Jobless Claims, week ending Jul 4
Thu Jul 9, 13:00 — FOMC Permanent Voter & New York Fed President John C. Williams speaks
Thu Jul 9, 17:30 — 2026 FOMC Voter & Dallas Fed President Lorie K. Logan speaks

As Q2 2026 earnings season gradually unfolds, next week's reports are relatively light, focusing on consumer staples, apparel, and airlines — a transition phase before the major bank earnings peak in mid-July.