Market movers this week

List with the most important events this week

1. FED's rate decision - We are expecting FED's rate decision in Wednesday at 21:00. The speculations are for another rate hike until September considering better than expected data coming from USA the past few weeks. According the analysists there are 16 % chance for a rate hike until September and 45 % until the end of the year.

2. The Bank of Japan's latest monetary policy announcement is due during Asian morning hours on Friday. Central bank Governor Haruhiko Kuroda will hold a press conference afterward.Speculation has mounted in recent weeks that the BOJ will cut its main interest rate deeper into negative territory and expand its monetary stimulus program in an effort to help the domestic economy emerge from deflation and fend off possible adverse effects from Brexit. A recent Reuters poll showed 85% of analysts expect the BOJ to ease on July 29

3. GBP of UK - In Wednesday at 11:30 release data about GBP of UK . Expectations are growth by 0.5 %, if the data are higher than expected we can see spike with the UK's currency. Expectations are growth to slowdown sharply during second half of the year since the business is facing Brexit unsecurities.

4. GBP of European union - In Friday at 12:00 release data for GBP of European union for the second quarter. Expectation are for growth by 0.3 % Higher than expected data is favourable for the euro.

5. Stress test for the european banks - The stress test applies synthetic market conditions to the balance sheets of large banks in an effort to determine the banks' stability and capital reserve adequacy;