The status of the U.S. consumer in June (on both the spending and employment fronts) will likely dominate as the calendar turns from June to July. There are a few reports due out this week on the Chinese economy in June, and the data calendar in Europe is relatively heavy. On the policy front, although the Federal Open Market Committee (FOMC) meeting is now in the rear view mirror, overseas central banks have a busy week ahead. Early in the week ……

 

To see the rest of this article, please click on the link below:

 

www.mwboone.com/library/Weekly_Economic_Commentary_6_28_10