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Euro: Le Pen ruling seen as low impact – ING
Francesco Pesole at ING argues that Marine Le Pen’s eligibility ruling matters more for French politics than markets, as investors have largely priced in a National Rally (RN) victory under Le Pen or Bardella with fiscal prudence.
EUR/USD
EUR/GBP
EUR/SEK
Fxstreet
Tue, Jul 7
ECB's Panetta: Strait of Hormuz governance is still uncertain
European Central Bank (ECB) policymaker and Governor of the Bank of Italy, Fabio Panetta, said during the European trading session on Tuesday that upside risks to inflation in the Eurozone economy remain intact, as the governance of the Strait of Hormuz, a critical chokepoint to almost 20% of global
Fxstreet
Tue, Jul 7
Iran’s Foreign Minister Araghchi warns against US threats
Iran’s Foreign Minister Abbas Araghchi has warned through a post on X, formerly known as Twitter, that the deal with United States (US) could be hampered if the nation continues with its threats. “Negotiations on a final deal will not commence if threats continue.
Fxstreet
Tue, Jul 7
Federal Reserve: New communication risks under Warsh – BNY
BNY Markets’ John Velis and David Tam examine upcoming Federal Open Market Committee (FOMC) minutes from Kevin Warsh’s first meeting as Chair.
Fxstreet
Tue, Jul 7
Switzerland Foreign Currency Reserves rose from previous 711B to 759B in June
Switzerland Foreign Currency Reserves rose from previous 711B to 759B in June
USD/CHF
Fxstreet
Tue, Jul 7
Austria Wholesale Prices n.s.a (MoM) declined to -0.7% in June from previous 0.1%
Austria Wholesale Prices n.s.a (MoM) declined to -0.7% in June from previous 0.1%
Fxstreet
Tue, Jul 7
Austria Wholesale Prices n.s.a (YoY) declined to 5.4% in June from previous 6.9%
Austria Wholesale Prices n.s.a (YoY) declined to 5.4% in June from previous 6.9%
Fxstreet
Tue, Jul 7
France Exports, EUR dipped from previous €54.585B to €53.6B in May
France Exports, EUR dipped from previous €54.585B to €53.6B in May
Fxstreet
Tue, Jul 7
France Imports, EUR climbed from previous €60.225B to €60.5B in May
France Imports, EUR climbed from previous €60.225B to €60.5B in May
Fxstreet
Tue, Jul 7
France Trade Balance EUR came in at €-6.9B, below expectations (€-5.2B) in May
France Trade Balance EUR came in at €-6.9B, below expectations (€-5.2B) in May
Fxstreet
Tue, Jul 7
Equities: Semiconductor bounce looks fragile – Deutsche Bank
Deutsche Bank strategists note that the S&P 500 reached a three-week high as chip stocks rebounded, led by gains in the Philly semiconductor index and Broadcom after its expanded Apple partnership.
Fxstreet
Tue, Jul 7
Germany Industrial Production n.s.a. w.d.a. (YoY) climbed from previous -0.5% to 0.1% in May
Germany Industrial Production n.s.a. w.d.a. (YoY) climbed from previous -0.5% to 0.1% in May
Fxstreet
Tue, Jul 7
Euro Summer range holds against US Dollar – Commerzbank
Commerzbank’s Volkmar Baur notes EUR/USD has been stuck between 1.1350 and 1.1450 since mid-June, with few catalysts expected over the summer.
EUR/USD
Fxstreet
Tue, Jul 7
Germany's Industrial Production unexpectedly rises faster-than-expected by 0.9% MoM in May
Germany’s industrial sector activity surprisingly grow at a faster pace of 0.9% Month-on-Month (MoM) in May, the latest data published by Destatis showed on Tuesday.
Fxstreet
Tue, Jul 7
United Kingdom Lloyds House Price Index (MoM) above expectations (0.1%) in June: Actual (0.2%)
United Kingdom Lloyds House Price Index (MoM) above expectations (0.1%) in June: Actual (0.2%)
Fxstreet
Tue, Jul 7
Germany Industrial Production s.a. (MoM) registered at 0.9% above expectations (0.2%) in May
Germany Industrial Production s.a. (MoM) registered at 0.9% above expectations (0.2%) in May
Fxstreet
Tue, Jul 7
Asian stocks fall as tech selloff sparks sharp KOSPI slump
Asian equity markets mostly decline on Tuesday as a fresh wave of technology sector selling completely overshadowed Wall Street's tech-led rally from the previous night.
Fxstreet
Tue, Jul 7
Japan Leading Economic Index came in at 116.8, below expectations (116.9) in May
Japan Leading Economic Index came in at 116.8, below expectations (116.9) in May
USD/JPY
Fxstreet
Tue, Jul 7
Japan Coincident Index increased to 118.5 in May from previous 118.1
Japan Coincident Index increased to 118.5 in May from previous 118.1
Fxstreet
Tue, Jul 7
Netherlands, The Consumer Price Index n.s.a (YoY) in line with forecasts (2.9%) in June
Netherlands, The Consumer Price Index n.s.a (YoY) in line with forecasts (2.9%) in June
Fxstreet
Tue, Jul 7
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