The suspense of a July interest rate hike in the US seems to have been almost eliminated, as indicated by the latest nonfarm payroll report.

Concerns about the impact of monetary policy on the economy have once again dampened risk appetite. The upcoming week in the US will be marked by key inflation reports and earnings season, which will determine the short-term direction of the stock market.

The Federal Reserve's meeting minutes suggest that it is preparing to restart rate hikes. Various signs indicate that the Fed is ready to take action. Market sentiment remains cautious as investors weigh the potential consequences of tighter monetary policy.