The markets are showing excellent results this year with records for the S&P and #NASDAQ indices, but investors may have to wait. The coming week is packed with important events: geopolitics, #ФРС policy signals, key trade decisions by the Trump administration, and corporate earnings reports.

Investors are closely watching the busy agenda. The #BRICS summit will take place on Monday, while the extended four-day Prime Day from #amazon will begin on Tuesday.

Also on Wednesday, we are expecting two key macroeconomic events. The minutes of the Fed's June meeting will be released this week, and the 90-day moratorium on Trump's tariffs related to his 'Liberation Day' initiative will expire.

The Fed will set the agenda for the week in the market

The BRICS summit starts on Monday, which could add strength to the bloc's ambitions to create an alternative financial system. All eyes are on the tariff deadline. It is expected that Trump will approve a new round of duties by July 9, with their introduction in August.

Trade agreements with the US, Vietnam, and China are already in place, but several countries are still at risk. On Sunday, Trump threatened additional 10% tariffs for countries that support BRICS policies.

Data on consumer lending in the US will be released on Tuesday. These figures can suggest how things are with the debt burden of households and how much risk there is for the economy.

Amazon's Prime Day is not only a sale, but also an indicator of consumer sentiment. This year the event will last four days, and the company hopes to repeat the records of previous years.

The Fed's June meeting minutes will be released on Wednesday. This will show what politicians are thinking, because markets are still revising rates. Last week's US jobs data showed that more jobs were added in June than expected.

But there is also some not so good news. Hiring in the private sector is weak, and the working week has become shorter. This may mean that the labor market is losing strength.

Unemployment data on Thursday and credit data on Tuesday may affect investor sentiment.

European markets remain stable amid tariff risks

Last week, the markets showed good growth, and the S&P 500 and Nasdaq indices updated their records. The S&P 500 rose to 6,279, and the Nasdaq to 20,601. The Dow Jones is still near its peaks, but analysts warn that the growth may not last long.

In Europe, markets have not moved much, as everyone is waiting to see how the new tariffs may affect the situation. The STOXX 600 remained in place, and the results vary in other countries. The DAX has grown, but the CAC 40, IBEX and FTSE have decreased slightly.

The US dollar continues to weaken and is at multi-year lows. Meanwhile, risk-sensitive currencies such as the Australian and New Zealand dollars have weakened in anticipation of central bank decisions.

This week, everyone is waiting for US unemployment data and consumer credit reports. The Fed minutes will also be important, as they will give new signals on rates.

The global cryptocurrency market has grown slightly and is now holding above $3.36 trillion. The trading volume over the past 24 hours was $92 billion. Bitcoin has grown by 3% in a month and is trading at $108,615.

$ETH has grown by 4% in a week and costs $2,562. Dogecoin, on the other hand, rose by 3% in 24 hours, recovering from an 8% drop in a month.