字幕表 動画を再生する 英語字幕をプリント Hi, this is Jeffrey Kleintop with 90 seconds on what we're watching this week that could move the markets. On Monday, it's geopolitics on my radar. Last week, a U.K. warship was fired on by Russian forces during an exercise in the Black Sea. This week, it's the U.S. Navy beginning two weeks of exercises with Ukraine in the Black Sea. Any Russian action against U.S. forces could move markets. On Tuesday, we get consumer confidence in Europe after we saw German and French business confidence soar ahead of expectations last week. Household savings in Europe has surged due to the lockdowns. And now a willingness and ability to spend could mean a booming third quarter for GDP in Europe, with economists forecasting it to come in at near an annualized 10%. On Wednesday, the OECD meets to discuss global minimum corporate tax rate. Now, a tax war race to the bottom on taxes may not be on pause but nailing down the details of a deal and the approval by parliaments may be slow and difficult. Nevertheless, the discussions could affect the tech and healthcare sectors potentially most affected. On Thursday, we get the final June PMI readings, and we'll see if there was any further improvement or stabilization in supplier delivery times – that's a measure of supply chain bottlenecks – as congestion at ports seems to be easing. And on Friday of course, we get the all-important U.S. jobs report. Weak economic data last year implied easier monetary policy from the Fed and acted as a boon to stocks as investors began to price in a turn around. But now, at least in the near-term, good data could be interpreted as bad news for the stock market where strong economic data especially on jobs could prompt the Fed to unwind earlier and faster. So, a hot jobs reading could get a cold welcome by the stock market. Thanks for watching.