SA Money Team

Here is what your forex mentor will not tell you?

1. That you will lose money after taking the trainings.
2. That there's no such things as lifetime mentorship.
3. We as mentors will not tell you that with any account less than $500 it will be 99.8% difficult for you to make it.
4. We "Mentors" are still having few things we're failing to master ourselves, right and left- big time. Actually I think we need help ourselves.
5. We "Mentors" will not tell you that we have other businesses which generates money for us to buy the luxurious we show off in social media.
6. We "Mentors" will not tell you that we've hurt a lot of people's hearts to get or to be where we are, that's how we have enemies.
7. We as mentors truly hate somebody like Nhlanhla Terry for revealing these kinda secrets to the public.

Follow me and I will be your leader.
- King
Oops I was forgetting to say> Yes, it is possible to make it in forex and be rich.
And remember forex is not a scam but people training it are.

It seems like y'all forgot who is the

-Nhlanhla Terry

There are two ways for an investor to make a profit in the stock market. One way is to buy a stock and then sell it at a higher price. This is called capital appreciation. The second way is to receive dividends, this is dependent on the performance of the company.

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South Africa’s secret ‘no confidence vote’ against President Zuma is expected to keep ZAR ($13.1482) volatility high. Yesterday, ZAR firmed over +1.5% after the Parliamentary speaker announced the secret ballot. Dealers believe that if the vote does oust President Zuma (he has survived six previous no-confidence votes), then the ZAR could be pushed significantly higher in the short-term. If the ‘no-confidence’ fails, expect the rand to come under renewed pressure.

To remove Zuma from office, the opposition needs 201 votes and at least 50 parliament members of the governing party need to vote against him.

When you fail to educate yourself about forex & have no tested trading strategy that was practised on demo before you went live.

Trading Forex for a Living

The Forex market is the most liquid financial market in the world. It has long been a market comprised of a wide range of participants from across the globe, but the rise of internet trading has made it even more accessible. Consequently, an incredibly diverse variety of people are involved in the market.

In other words, it is no longer just a game for the big boys at investment banks.

However, anyone new to the Forex market may still be wondering whether Forex trading for a living is possible as a retail customer. Here's the good news – it's possible to trade Forex for a living.

The proof is the numerous full-time and part-time traders all over the world. But to be someone who does FX trading for a living full-time, you are going to have to put in the legwork. This means you will need to develop a successful trading system, which is likely to take time and effort.

There may be some false starts. And there will undoubtedly be many lessons to be learned. But don't be deterred by such adversity.

Instead, try to learn from the experience.

Those that do stay the course learn that the financial markets have their merits. With the Forex market, it does not matter who you are or what your background is. All that matters is how well you make trading decisions.

Finding a successful strategy

If you are going to trade FX for a living, you're going to need a successful strategy. A useful way of discovering which strategies work for you is to trade on actual market prices with no risk.

With a demo account in play, your aim is to find a strategy that gives you a trading edge. An edge is a term borrowed from game theory, which means that conditions are in your favour.

Why is it essential to trade with an edge?

A trading strategy with an edge will yield net gains in the long term vs. a trading strategy without one.

Think of trying to win in the long run by gambling on a coin flip. The outcome of a flipped coin is known as a random walk. You cannot find a way to predict the outcome – whether a head or a tail has previously come up has no bearing on the probability of the next flip.

When you gamble on the flip of a coin, there is no edge.

The Forex market is completely different. Those trading the market influence where the prices go. Previous prices can influence those trading the market. So previous prices can have a bearing on future prices.

Note that this is not the same as saying that previous prices will affect future prices. Be aware of the common warning:

Previous performance does not guarantee future performance.

Therefore, historical prices are not necessarily a strong guide for future performance, although they remain one of the best guides available.

So, can Forex be traded for a living?

Again, yes - but not without a strategy. To do so would be like gambling on that coin flip, except with added transaction costs. You might do it for fun, but you wouldn't pursue it as a means of making a living.

What can you do once you have identified a strategy that looks successful? You can start trading with real money.

A successful strategy is only the starting point though, if trading Forex for a living is your end game. To get to your goal, you will have to build up to it. Start small and establish a method that works for you.

Keep in mind the stress that comes with real risk and build up your risk capital from there.

A quick note on success – a successful trader may not necessarily win many more times than they lose. In fact, some successful systems may yield more by losing trades than winning. It is the magnitude of gains and losses that is vitally important.

A successful trader seeks to maximise gains and is not overly concerned with the success rate of trades. They know that maximising gains has little to do with the ratio of winning trades to losing ones, it's more about how you deal with winning and losing trades. If you are trading with an edge, you will want to trade long enough for the edge to pay off.

Good money management is essential

More pointers on how to trade Forex for a living

If you are hoping to trade Forex for a living, you need to treat it like a profession. You must examine your motivations. Boring, repetitive and profitable is better than exciting, varied and unprofitable.

Once you've discovered what works, stick with it until it no longer works. Keep scrupulous records of your profit and losses – a spreadsheet will allow you to examine just how well you are performing.

Beginners are often reluctant to examine how much they have lost, so they overestimate their performance. Be honest with yourself about your level of success.

You also need to consider the impact on your lifestyle if you are trading Forex for a living. If you want to succeed, you must be prepared to commit the necessary time and attention to trading.

Advances in technology mean the 24-hour FX market can be with you at all times on your phone, but what you gain in accessibility may also be countered by a reduction in your free time.

Professional-grade tools like MetaTrader Supreme 4 can help with time management. Our Admiral.Prime account offers institutional-quality ex*****on.

If you are supporting yourself with the proceeds of your trading, you will not be trading in small sizes. There will inevitably be times when trades are going against you.

For most people, this will provoke a level of anxiety.

If you've built up the capital from a small starting point, it may help ease this anxiety. But it's still worth preparing yourself for the psychological rigors you will face.

Final words on FX trading for a living

So, can Forex be traded for a living?

Well, it's not easy and it required a lot of effort – but still, the answer is yes. We aren't talking about generating enough to support a millionaire lifestyle of course. Such gains are not impossible, but clearly that kind of performance is rare.

Generating consistent returns that entirely support your cost of living is a realistic goal for a wide cross-section of traders, provided they are willing to put in the work and have the patience to stick with it.

Also – and this is a really important point – you should definitely keep educating yourself and learn new things. Being a successful trader means staying fresh and open to new experiences.

Dollar Climbs Amid Robust U.S. Jobs Data, Narrowing Trade Deficit

The U.S. dollar advanced against its major opponents in the European session on Friday, as U.S. economy created more jobs than forecast in July and trade deficit narrowed in June, raising expectations for the possibility of a Fed rate hike by year end. Data from the Labor Department showed that non-farm payroll employment surged up by 209,000 jobs in July after spiking by an upwardly revised 231,000 jobs in June. Economists had expected employment to climb by 183,000 jobs compared to the addition of 222,000 jobs originally reported for the previous month.

With the stronger than expected job growth, the unemployment rate edged down to 4.3 percent in July from 4.4 percent in June. The modest decrease matched economist estimates. Data from the Commerce Department showed that the U.S. trade deficit narrowed more than expected in the month of June, reflecting an increase in exports and a decrease in imports. The report said the trade deficit narrowed to $43.6 billion in June from $46.4 billion in May. Economists had expected the deficit to narrow to $45.0 billion.

The greenback held steady against its major rivals in the Asian session, with the exception of the yen. The greenback strengthened to weekly highs of 0.9723 against the franc and 1.3084 against the pound, off its early lows of 0.9672 and 1.3164, respectively. Continuation of the greenback's uptrend may see it challenging resistance around 1.00 against the franc and 1.28 against the pound. The greenback, having fallen to near a 2-month low of 109.84 against the yen at 7:45 pm ET, reversed direction and climbed to 110.77. The greenback is poised to locate resistance around the 112.00 region.

Preliminary data from the Ministry of Health, Labor and Welfare showed that Japan's total labor cash earnings decreased for the first time in thirteen months in June, defying economists' forecast for a further rise. Gross earnings dropped 0.4 percent year-over-year in June, reversing 0.6 percent rise in May, which was revised down from a 0.7 percent gain reported earlier. Meanwhile, it was expected to increase by 0.5 percent. The greenback appreciated 0.5 percent to a 2-day high of 1.1825 against the euro, after having fallen to 1.1889 at 3:00 am ET. The next likely resistance for the greenback is seen around the 1.15 level.

Data from Destatis showed that Germany's factory orders increased more than expected in June driven by domestic demand. Orders grew 1 percent in June from May, when they increased by revised 1.1 percent. Orders were forecast to grow moderately by 0.5 percent. The greenback spiked up to a new 2-week high of 1.2638 versus the loonie and a 9-day high of 0.7912 against the aussie, from its early low of 1.2556 and a 2-day low of 0.7980, respectively. The greenback is seen finding resistance around 1.28 against the loonie and 0.77 against the aussie. Reversing from an early 2-day low of 0.7455 against the kiwi, the greenback bounced off to 0.7413. On the upside, 0.72 is likely seen as the next resistance level for the greenback. Looking ahead, Canada Ivey PMI for July is due shortly.

Will GDP Seal USD’s Fate And Tops In AUD, NZD?

Kathy Lien | Jul 27, 2017 04:53PM ET
By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.

Volatility rocked the foreign-exchange market Thursday with the U.S. dollar hitting multi-year lows versus the euro and other currencies overnight, then recovering at the start of the North American session only to give back all of its gains after the London close. There was no single catalyst for the reversals but profit taking, setbacks on President Trump’s campaign promises, mixed U.S. data and the sharp slide in the NASDAQ all contributed to the moves. The GOP's fading progress seems to be the best bet. After voting to reopen the debate, last night, the Senate rejected full Obamacare repeal and on Thursday they said they would set aside the border tax so they can focus on tax reform. Cutting taxes is the GOP’s only hope right now to restore confidence and make meaningful progress on the president’s campaign promises before next year’s midterm elections. As we said in the past, setbacks for Trump are setbacks for the dollar and the timing of USD/JPY’s nearly 100-pip intraday slide is far from coincidental. We expect the dollar to trade with a downward bias ahead of next week’snonfarm payrolls report. U.S. data continues to cast doubt on Fed tightening. Jobless claims ticked up this week and even though orders fordurable goods jumped 6.5% in June, excluding defense orders, they actually fell -0.1%. Second-quarter U.S. GDP numbers are scheduled for release on Friday and softer numbers will seal the dollar’s fate. Although economists are looking for a sharp increase in growth, the softer level of spending and trade between April and June versus January and May puts the risk to the downside for Friday’s report. Technically, resistance in USD/JPY is at 112.10 and support is at 110.60. If that level breaks, the next stop for USD/JPY should be the May 18 low of 110.24.

The euro experienced its strongest one-day decline in more than 2 weeks and the sell-off was driven entirely by profit taking. What’s interesting about the euro’s move is that unlike the other major currencies, EUR/USD started the North American trading session under water. After rising to a fresh 2.5 year high of 1.1776, the pair sank more than 100 pips on the back of profit taking. Having risen consistently over the past 5 months, bouts of profit taking in EUR/USD can be stronger than other pairs. Investors are also slightly worried about Friday’s economic reports. While Eurozone confidence is likely to be firmer after this week’s higher German businessand consumer confidence reports, German consumer price growth is expected to have slowed in July as inflation remains the Achilles heel of the Eurozone economy. On a technical basis, as long as EUR/USD holds 1.16, the uptrend remains intact. Meanwhile the Swiss franc continued to decouple from the euro, with losses far exceeding its peer with the decline driving EUR/CHF to its strongest level since the SNB dropped its cap. It is the Swiss National Bank’s vocal concerns about its currency and its firmly neutral monetary-policy stance that is weakening the currency. SNB policy will lag behind the ECB and Fed, so for that reason we could see continued weakness in the currency, particularly versus the USD.

Sterling also nosedived on the back of U.S. dollar weakness but unlikeUSD/JPY, it never recovered when the greenback retreated. GBP/USD was performing well at the start of the NY trading session thanks to a strong CBI Distributive Trades Survey. This release has a positive correlation with the broader retail-sales report so the sharp increase from 12 to 22 bodes well for consumer spending. According to the Confederation of British Industry, solid demand for groceries and summer clothing took the index to its highest level in 3 months. With the Bank of England meeting next week, every piece of incoming data will be important in setting expectations for the rate decision. 1.3160 is now resistance in GBP/USD with support at 1.30.

All 3 of the commodity currencies traded sharply lower against the greenback with the Canadian dollar leading the slide. USD/CAD was the day’s worst performer despite a continued increase in oil prices. There were reports that Prime Minister Trudeau is unhappy about the central bank’s latest rate hike. Whether that's true or not (and many believe it is), USD/CAD is deeply oversold and the report was the perfect excuse for profit taking on short USD/CAD positions. After breaking above key resistance levels Wednesday (80 cents for AUD/USD and 75 cents for NZD/USD) and extending its gains overnight, both currencies U-turned and dropped back below these key levels, signaling a potential top. We now expect AUD/USD to test 79 cents and NZD/USD to drop to 74 cents before support is found.

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Trump Setback Bruises Dollar

| Jul 18, 2017 13:

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.

Investors don’t need to look any further than the Trump Administration’s failed bid to repeal Obamacare for an explanation as to why the U.S. dollargot crushed Tuesday. A setback for Trump means a setback for the greenback as it casts doubt on the Administration’s broader strategies. The Republican Party has been divided by health-care reform and while party leaders hope they will be unified by tax reform, there’s resistance from the conservative House Freedom Caucus, which wants broader spending cuts and more details on tax reform. Of course with mid-term elections coming up next year, the Republican party is motivated to get something done by December. Chances are that progress on tax reform will be slow, with many challenges along the way, which opens the door to further dollar weakness. U.S. data continues to miss (the NAHB housing market index dropped to its lowest level 8 months), investors are growing more skeptical of fiscal reform and Treasury yields fell sharply on Tuesday. As a result, USD/JPYcould drop to 111.00-110.50, EUR/USD should test its May 2016 high of 1.1616 and USD/CHF should break 95 cents. Housing starts and building permits are scheduled for release on Wednesday and they are expected to rebound, which could help the dollar but that won’t be enough to reverse the market’s attitude toward the greenback.

Euro rose to its strongest level in 14 months on the back of short covering and U.S. dollar weakness. This was the third day of gains for the currency, which puts EUR/USD up 10% year to date. The Euro is the best-performing currency in 2017 with the move driven by data, positioning and the market’s shifting outlook for the U.S. dollar. There’s no doubt that European Central Bank President Draghi will be hammered with questions about the currency and its impact on inflation and the general economy. Germany is entering a period of uncertainty with the ECB thinking about shifting policy and the federal election scheduled for September. This explains why the ZEW survey fell for the second month in a row. Investors are growing nervous about what could transpire over the next few months and the strong rise in the euro isn’t helping. However if we look slightly longer term over 5 years for example, EUR/USD is trading closer to its lows near 1.04 than its highs near 1.40. So the ECB could lean either way – it could focus on preparing the market for taper or ease the uptrend by emphasizing the need for continued policy accommodation. For the time being, the market thinks it will be hawkish and with EUR/USD breaking above 1.15, the next stop could be the 2016 high near 1.1616.

Tuesday's best-performing currency was the Australian dollar, which rose to a 2-year high versus the U.S. dollar. Tuesday's 1.6% rally was the strongest move we’ve seen in AUD in months. The U.S. dollar is falling, commodity prices are rising but it was the RBA’s optimism that sent the currency soaring. According to the minutes from the last central bank meeting, the RBA believes that the strong labor market removes some of the downside risks in wages and the quarterly economic growth most likely increased in Q2. They made no mention of a rate hike but its neutral stance was enough to satisfy the bulls. Technically, the next stop for AUD/USD should be the 200-month SMA near 0.7980 but AUD traders need to keep a close eye on the speeches by RBA officials this week as Heath, Debelle and Bullock could use these opportunities to talk down the currency. NZD also rose in sympathy with AUD, climbing to its strongest level in 5 months versus the U.S. dollar. Dairy prices rose 0.2%, which is too small for investors to forget about all other data disappointments. The Canadian dollar, on the other hand, continued to march higher, rising to its strongest level in more than a year. It shouldn’t be long before USD/CAD hits 1.25.

Last but certainly not least, the only currency that underperformed the U.S. dollar was sterling. As soon as members of the Bank of England started talking about removing stimulus, investors questioned their resolve. Withconsumer prices stagnating in June, it is hard for anyone to believe that the BoE will raise interest rates this year, let alone in August. The year-over-year inflation rate slowed to 2.6%, the first pullback since October. If retail salesalso miss, GBP/USD could drop the 1.28 handle.

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FX Traders Fear Yellen And Poloz Will Disappoint

Kathy Lien | Jul 11, 2017 03:34PM ET
By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.

Wednesday is a big day in the foreign-exchange market, particularly for theU.S. and Canadian dollars. The price action of these currencies tell us that investors are worried that Federal Reserve Chair Janet Yellen and Bank of Canada Governor Poloz will disappoint. The U.S. dollar reversed its early gains Tuesday to end the day lower against the Japanese yen. It is also down sharply against the euro and is only up against sterling because of the market’s lack of confidence in the BoE. 10-year yields have fallen since Friday and the lack of positive momentum confirms that investors fear Yellen may not be hawkish enough. Part of these concerns stem from the unevenness of U.S. data but Yellen has very little reason to shift her tone with job growth rising and manufacturing- and service-sector accelerating. Most U.S. policymakers believe that wages and spending will pick up as the labor market continues to improve. This includes Fed President Williamswho said on Tuesday that the forecasts for 1 more rate hike this year seems reasonable. So while investors fear that Yellen will disappoint, we don’t think she will as the latest jobs report is strong enough for her to highlight the improvements in the economy and stress the need for policy accommodation before Congress over the next 2 days. Yellen’s testimonybegins at 8:30 AM NY Time / 12:30 GMT / 10:30 PM AEST. Her prepared comments will be followed by Q&A. The dollar will rise if she emphasizes the need for continued gradual removal of policy accommodation and will crash hard if she is noncommittal about additional tightening. For USD/JPY, that means 115 is the target on the upside for hawkish comments and 112.50 on the downside if she is wishy-washy. The Beige Book report is also scheduled for release but the impact on the dollar should be limited as investors take their cue from Yellen.

USD/CAD’s move back above 1.2900 also suggests that the market is worried that the Bank of Canada won’t be hawkish enough. The BoC is widely expected to be the second G7 central bank to raise interest rates, and the market is pricing in a 90% chance of a 25bp hike. So while tightening itself could give the loonie a brief lift, the big question is the central bank’s guidance for what comes next. Although investors are only pricing in 29% chance in September, they see a 50% chance of a second hike by October. Interest-rate futures and the 6% rise in the Canadian dollar over the past 2 months indicate that investors are positioned for hawkish forward guidance. So if Poloz under-delivers by saying that they are neutral after the hike, USD/CAD will blow past 1.30 quickly. However if Poloz signals that the hike is the beginning of a new monetary policy direction, we could see USD/CAD drop as low as 1.26 in the coming weeks. Taking a look at the table below, there have been both improvements and deterioration in Canada’s economy since the last meeting. The good news is that retail sales and employment is up strongly while GDP growth has averaged 3.5% over the past 3 quarters. Although the Canadian dollar is up 6% in the last 2 months, it is the second-worst performer year to date. Yet, low inflation, weaker housing activity and the pressure on oil prices should worry the central bank and for this reason, unambiguous hawkishness is not a done deal Wednesday.

Sterling crashed Tuesday after the market realized that Bank of England member Broadbent posed no threat to the short sterling trade. Haldane’scomments didn’t make it to the headlines and all Broadbent said was less trade after Brexit would lift prices and reduce employment in some sectors. Sterling nosedived as investors see very little risk of a near-term rate hikefrom the Bank of England. GBP/USD is eyeing 1.27 but whether it gets down there or not hinges in large part on Wednesday’s UK employment report. While wage growth is expected to slow, both the services andmanufacturing sectors saw strong job growth last month according to the PMIs. The service sector in particular reported the strongest increase in jobs since April 2016. Healthy numbers would give us the opportunity to sell GBP at higher levels whereas softer figures will take GBP/USD below the 20-day SMA at 1.2830 and down toward support near 1.27.

Euro rose to its strongest level in more than a year as the dollar retreated and investors bought EUR/GBP. 1.15 is in sight and we would not be surprised if the currency pair tested this level before Yellen’s testimony. No Eurozone economic reports were released Tuesday so this was purely a function of anti-dollar flows. The email correspondence between Trump Jr. and a Kremlin-connected Russian lawyer makes investors nervous and they are turning to the euro, with its steady data improvements and hawkish central bank for safety. Wednesday’s Eurozone industrial production reports are expected to lend further support to the currency after the strong rise inGerman and French IP.

Meanwhile, the Australian dollar traded sharply higher on Tuesday while the New Zealand dollar dropped to its lowest level in 3 weeks. NZD was hit hard after an earthquake off the coast and by significantly weaker-than-expected credit card spending. AUD on the other hand benefitted fromAUD/NZD flows and stronger than expected Australian business confidence.

Forex - Weekly outlook: July 3 - 7

Investing.com | Jul 02, 2017 06:41
Investing.com - The dollar steadied on Friday, but still ended the week close to nine-month lows amid expectations that several major central banks around the world are getting ready to join the Federal Reserve in tightening monetary policy.

The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, edged up to 95.39. Earlier in the day the index fell to a roughly nine-month low of 95.22.

The index ended the second quarter down around 4.8%, its biggest quarterly percentage decline since the third quarter of 2010.

Investor expectations mounted for tighter monetary policy across the globe after the heads of the European Central Bank, the Bank of England and the Bank of Canada adopted a more hawkish view on monetary policy.

Hawkish signals from foreign central banks contrasted with doubts over whether the Federal Reserve will be able to hike rates again this year given a recent batch of weak U.S. economic data and growing skepticism that the Trump administration will be able to deliver on its pro-growth agenda.

The euro was a touch lower against the dollar late Friday, with EUR/USDdipping 0.13% to 1.1425.

The single currency touched 14-month highs of 1.1444 on Thursday and ended the week with gains of 2.02%.

The euro has risen 7.1% against the dollar in the three months to June, its largest quarterly percentage gain since the third quarter of 2010 and has added 8.65% for the year to date.

Sterling was slightly higher against the dollar, with GBP/USD rising 0.16% to 1.3027, to end the week with gains of 2.22%.

The Canadian dollar was also higher, with USD/CAD down 0.34% at 1.2960 in late trade, after falling to 1.2948 earlier, the weakest level since September 9.

The dollar pushed higher against the yen, with USD/JPY rising 0.2% to 112.40 and ended the week with gains of 1.05%.

Policymakers at the Bank of Japan have indicated that they favor sticking to ultra-loose monetary policy, with inflation still well below the banks 2% target.

The divergent monetary policy outlook between the Fed and the BoJ has helped support the dollar against the yen.

In the week ahead, investors will be focusing on Wednesday’s minutes of the Fed’s latest meeting for fresh cues on the timing of the next U.S. rate hike. Friday’s U.S. jobs report for June will also be closely watched.

Employment data from Canada will be in the spotlight amid speculation that the BoC could raise interest rates as soon as this month.

Ahead of the coming week, Investing.com has compiled a list of these and other significant events likely to affect the markets.

Monday, July 3

Japan is to publish the results of the Tankan surveys of manufacturing and service sector activity.

China is to publish its Caixin manufacturing PMI.

The UK is to release data on manufacturing activity.

Financial markets in Canada are to remain closed for a holiday.

BoE Governor Mark Carney is due to speak at an event in Frankfurt.

Later Monday, the Institute for Supply Management is to publish its manufacturing index.

Tuesday, July 4

Australia is to release data on retail sales.

The Reserve Bank of Australia is to announce its benchmark interest rate and publish a rate statement which outlines economic conditions and the factors affecting the monetary policy decision.

The UK is to release data on construction activity.

Financial markets in the U.S. are to remain closed for the Fourth of July holiday.

Wednesday, July 5

The UK is to release data on service sector activity.

The U.S. is to release data on factory orders.

Later in the day, the Fed is to publish the minutes of its latest monetary policy meeting.

Thursday, July 6

Australia is to release a report on the trade balance.

Switzerland is to publish its latest inflation figures.

The U.S. is to release the ADP nonfarm payrolls report for January as well reports on jobless claims trade, while the ISM is to release its non-manufacturing PMI.

Canada is also to release data on trade along with a report on building permits.

Friday, July 7

The UK is to release industry data on house price inflation, as well as a report on manufacturing production.

Leaders from the G20 nations are to hold the first day of a summit meeting in Hamburg.

Canada is to publish its monthly employment report.

The U.S. is to round up the week with the non-farm payrolls report for June and the Fed is to publish its bi-annual monetary policy report.