Monthly outlook, what's next this week? - Scotiabank/FXStreet

Analysts at Scotiabank offered a snapshot monthly outlook.

Key Quotes:

AMERICAS:

"We think the USD remains a relatively compelling story in the G-10 block despite disappointing US Q2 GDP growth and our recently revised Fed outlook. Renewed softness in crude oil will weigh on the CAD and keep the MXN tone defensive."

EUROPE"

"Brexit is likely to entail further monetary easing from the Bank of England and a weaker GBP. The EUR will remain susceptible to the fall-out from the UK’s decision; European Central Bank may ease policy again in September."

ASIA-PACIFIC"

"Disappointing policy moves lift the JPY. We expect the CNY to remain broadly stable in the next few weeks as volatility declines ahead of the September G-20 meeting in China."

What is next? Nonfarm payrolls - (FXStreet)