💥Good morning, traders! Let’s look at the main drivers for the markets today!
🇺🇸Joe Biden will sign the protocols on Sweden and Finland entry into NATO on August 9.
🇹🇷🇷🇺EU discusses sanctions against Turkey due to its rapprochement with Russia after Erdogan and Putin's agreements to expand cooperation in trade and energy - Financial Times.
🇺🇸US Consumer inflation expectations fell sharply in July:
- during the next year: from 6.8% to 6.2%
- over the next 3 years: from 3.6% to 3.2%
📈According to Barclays, the Fed has a chance of a soft landing, but there is also the possibility that the US stock market will fall by 5-10% from current levels even without the onset of a deep economic downturn.
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