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AxiTrader Analyst, James Hughes looks ahead to next week

After last week was dominated by political issues at the White House, the coming week could see focus shift back to the macroeconomic picture with big data due from both the US and Europe.

However that doesn’t mean we can forget about Donald Trump’s legal headache. Any further inflammatory headlines from the current administration or from the President himself via twitter will be greeted with the usual market volatility.

As for the data, Preliminary US Q2 GDP will be the headline act for the week, and after the S&P 500 confirmed the longest bull run in history last week Donald Trump will be quick to laud any positive growth story under his watch.

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Please note this article does not constitute investment advice. Investors are encouraged to do their own research beforehand or consult a professional advisor.

Michael Morton

Michael Morton

Michael has worked within the Financial Industry for more than 20 years. Starting out as a financial analyst, he has extensive experience working with fund management groups and brokerages.

With an interest in Stocks and Shares, Funds, ETFs and Commodities, his investment focus is medium to long term gains, with the objective of financial security on retirement, and building wealth for his young children for their adult life. His broker of choice is Hargreaves Lansdown.

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