Janet Yellen Speech This Week Plus The Jobs Data May Bring Back The Swings!

Financial Markets will be closed on Friday this week for Independence Day. The NFP Report for June will be released on Thursday this month instead of Friday. Markets have been showing little volatility last week mostly moving in ranges. Thursday will bring a blitz of numbers: the nonfarm payroll figures for June, the May trade deficit and the June index on the services sector from the Institute for Supply Management. On Wednesday, U.S. Federal Reserve Chair Janet Yellen is scheduled to speak on financial stability at an International Monetary Fund conference in Washington. So the markets will be moving sideways till Wednesday. Wednesday and Thursday will set the tone for the market for this month. If you are a currency trader, you should watch these 2 events very closely.

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