Marc Chandler – US Jobs Report, Q2 GDP Estimates, FED Policy, North American MCA Trade Agreement, Interest Rates, Currencies, and Supply Shocks

The KE Report · Jul 3, 2026 · 25m

In this edition of The KE Report, I sat down with Marc Chandler, Chief Market Strategist at Bannockburn Capital Markets and Editor of the Marc to Market website, to unpack another full week of macroeconomic data. We focused on the US jobs report, GDP estimates for Q2, the mid-week European central bank meeting where Kevin Warsh spoke, the shift to an annual review of the Mexico/Canada/America (“MCA”) trade agreement, further geopolitics effects of tariffs and the Strait of Hormuz supply shock, and how all of that factors into interest rates, currencies, and international markets. Key…