Next week (starts from July 29), gold traders are expected to eye on Federal
Open Market Committee (FOMC) meeting, US second quarter GDP data and Employment
reports.
Also, European Central Bank (ECB), Bank of England are scheduled to hold
their policy meetings next week. The yellow metal traders would try to gather
clues from the minutes and data releases for their further trading.
US ADP Nonfarm Employment Change (The ADP National Employment Report) and
quarterly data on Gross Domestic Product (GDP) are scheduled to be released at
05.45 and 06.00 PM IST on Wednesday.
A two day, FOMC meeting is scheduled to be held on Tuesday and Wednesday
while Governing Council meeting of the ECB is expected to held in Frankfurt on
Thursday at 05.15 PM IST.
Institute of Supply Management (ISM) is expected to release its
manufacturing index at 07.30 PM IST on Thursday.
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