Durung the upcoming trading week, the release of the FOMC Meeting Minutes from the june policy meeteng ia likely to set the tone for financial markets. Market participants are likely to anticipate a more aggressive tone from the US central bank.

Trades and investors are also looking forward to a rate decision from the Reserve Bank of Australia, with most economist expecting no major changes from the central bank. However, the RBA could sound more bullish after the strong jobs report from the Australian economy last month.

The Canadian economy is also in focus this week as we will witness the release of Canada's monthly jobs report, wich is expected to show the -20,000 headline forecast. Other highlights on the economic calendar this week include China's CPI, Australian Retail Sales, and weekly Jobs data from the US economy.

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THE MINUTE OF THE FOMC MEETING WILL POSSIBLY DETERMINE THE MARKET TONE