Monday 15 July and the week ahead.

Relatively calm markets have shrugged off the assassination attempt. And all things considered, my bias for 'risk on soft landing' trades remains.

Although I'd like to see some 'fresh impetus' before placing a trade. Slightly disappointing data from china has hit sentiment a little (although it should be noted the Chinese economy is still growing, just not as fast as anticipated). And it currently appears the market is waiting for the slue of upcoming data, and Powell (again).

Tuesday sees Canadian CPI, which could create a CAD opportunity (my preference would be for soft data creating a short CAD opportunity). Plus Tuesday has US retail sales and NZD CPI (AUD NZD long could be a potential 'in the moment news trade' if the data is soft.

On Wednesday, UK CPI is released, where my preference would be for 'hot' data to back up GBP longs.

On Thursday, the ECB rate decision will be interesting, although I currently don't have any thoughts on the outcome. Although any talk of another two cuts this year could see the EUR weaken.

And of course, earnings season is upon us again, hopefully it will once again pass by with positivity. But any sign companies are starting to struggle could see negative sentiment creep in.

All in all, there are plenty of potential opportunities ahead, but for now, I'm content to wait for a 'no brainer' to fall into my lap.

Feel free to email any questions: johnelfedforexblog@gmail.com