... higher. Any surprises in China's PMI (such as a move into the growth zone) will affect commodity markets and currencies of emerging countries. Eurozone – Unemployment Rate (12:00 MSK): The unemployment rate for the Eurozone in June will be announced. Forecasts converge around the mark of ~6.3%, which is close to multi-year lows (it was 6.3% in May). The European labor market remains resilient even amid economic slowdown, supporting consumption. If unemployment unexpectedly falls, it will bolster expectations regarding the Eurozone's economic resilience, although it may also intensify hawkish sentiments within the ECB....

... reaffirm the company's status as a beneficiary of the global tourism recovery. The Cheesecake Factory (CAKE) – Report After Market Closure Forecasts: EPS of ~$1.05, revenue of ~$947 million (growth of ~5% year-on-year). The restaurant operator expects profit improvement compared to last year amid stabilizing costs. Commentary: The casual dining chain has faced inflationary pressures from food and labor costs in recent years. Analysts now anticipate a notable EPS increase, suggesting successful menu-price enhancements and ...

... expansion of retail trade and the service sector. Stronger consumer demand will also support GDP expansion, making the domestic market a key engine of growth – especially amid restrictions in external trade. Productivity, Inflation, and Corporate Profits The rapid rise in wages begs the question: is it matched by gains in efficiency? Current projections suggest labor productivity will grow much more slowly than wages. According to the Ministry’s forecast, productivity in 2025–2026 will increase by only ~2.2–2.3% per year, improving to around 2.8–2.9% by 2028. In other ...

... date in the economic world, several key events are expected that may impact the stock market. Reports from companies such as RTX, Northrop Grumman, Equifax, and Coca-Cola... ... tensions. Key aspects will include new order volumes, defense budgets, and management forecasts. Both firms benefit from rising defense spending, and their corporate results... ... the minutes reveal the regulator's position: if the text indicates confidence in the labor market and GDP growth amid ongoing inflation risks, this signals a potential rate...

... rate decreased to 9.6% (down from double-digit figures earlier). Putin emphasized that the situation is developing better than forecasts, expressing confidence that by the end of the year, inflation could be reduced to around 7%. Although the current rate ... ... stability and transitioning the economy to a balanced growth trajectory have been identified as priority tasks for the current year. Labor Market: Record Low Unemployment The situation in the labor market was characterized by the president as favorable. The unemployment ...