PBOC: China’s economy is stabilizing and improving
The Chinese economy is showing greater stability and recovery, the People’s Bank of China (PBOC)
Fed’s Barkin: Can argue inflation has reached substantial progress
Richmond Fed President Thomas Barkin told MNI Market News on Tuesday that it could be argued inflation
AUD/USD may plummet towards 0.7245 as RBA can turn dovish amid lockdowns – TDS
The aussie is under notable pressure today as the latest batch of lockdowns across Australia
S&P 500 Index set to reach the 4350 level – Credit Suisse
The S&P 500 Index is set to hold above the 13-day exponential average at 4245
US: Improvement in consumer confidence suggests a pickup in consumer activity at the end of Q2 – Wells Fargo
Economic data released on Tuesday regarding consumer confidence in June came in above expectations. The
EUR/GBP: Upside move to come to and end at the 0.8645 level – TDS
Sterling is underperforming most of its G10 peers this morning. Economists at TD Securities think
US: CB Consumer Confidence Index improves to 127.3 in June vs. 119 expected
CB Consumer Confidence Index came in higher than expected in June. US Dollar Index clings
US: Housing Price Index edges higher to 1.8% in April
US FHFA Housing Price Index rose 1.8% in April. US Dollar Index stays in the
Germany: Annual HICP declines to 2.1% in June as expected
HICP inflation in Germany edged lower in June. EUR/USD remains on the back foot, trades
RBA: Official Cash Rate seen on hold at 0.1% at July 6 meeting – Reuters poll
The Reserve Bank of Australia (RBA) is likely to maintain the Official Cash Rate (OCR)