Join James Brodie, James Todd, and Will Cunliffe for a brand new episode of Macro Mondays, as they unpack another volatile week in global markets.

This episode was recorded at 11am BST on Monday, the 7th of July, 2025.

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Key topics today:

✅ S&P500 makes new ATH as big beautiful bill passes in US

✅ US employment data beats expectations, but private payroll appear weak

✅ Bond markets remain rangebound

✅ Brent is showing no clear trend, despite bearish calls

✅ What’s driving markets this week?

📊 Key data releases this week:

📅 Tuesday - RBA rate decision, US consumer credit

📅 Wednesday - RBNZ rate decision, Chinese inflation rate, US mortgage applications, Fed FOMC minutes

📅 Thursday - BOK rate decision, US jobless claims

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Markets Surge on Big Beautiful Bill | Jobs, Tariffs & Tech Stocks in Focus | Macro Mondays

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Markets Surge on Big Beautiful Bill | Jobs, Tariffs & Tech Stocks in Focus | Macro Mondays