Mumbai, June 29 -- Global markets head into a data-heavy week with investors closely tracking developments in US-Iran peace talks, labor market data, inflation readings, and business activity surveys. The flow of tankers through the Strait of Hormuz will remain in focus after improving shipping activity helped ease energy prices and inflation concerns.
In the US, attention will center on the June non-farm payrolls report, alongside the ADP employment report, JOLTS job openings, Challenger job cuts, ISM Manufacturing PMI, factory orders, and consumer confidence data for fresh clues on the Federal Reserve's policy outlook.
In Europe, inflation readings from the Eurozone and major economies including Germany, France, Italy, and Spain will be...