Weekly Market Outlook (08-12 July) ...Middle East

UPCOMING EVENTS:Monday: Japan Wage data.Tuesday: US NFIB Small Business Optimism Index, Fed Chair Powell Testimony.Wednesday: Japan PPI, China CPI, RBNZ Policy Decision, Fed Chair Powell Testimony.Thursday: UK GDP, US CPI, US Jobless Claims.Friday: New Zealand Manufacturing PMI, US PPI, US University of Michigan Consumer Sentiment. TuesdayFed Chair Powell will testify to the Senate Banking Committee on Tuesday and the House Financial Services Committee on Wednesday. The market participants will be attentive to any view or hint about the monetary policy trajectory after the recent NFP report. The text is generally released before the testimony so that will be sca

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