Live Updates

3

Jul 2026
France PMI slips further into contraction, raising downside risks for CAC 40, euro and volatility

France’s composite PMI missed forecasts, signaling contraction and prompting bearish positioning in CAC, euro, volatility.

3

Jul 2026
EUR/CAD rises towards 1.6230 as ECB holds steady and oil-led Canadian Dollar softens

EUR/CAD rises near 1.6230 as euro firms, oil falls, and ECB-BoC policy divergence supports upside.

3

Jul 2026
Italy services PMI misses forecasts, stoking caution on FTSE MIB, euro and BTP-Bund spreads

Italy’s services PMI missed forecasts at 50.2, signalling near-stalled growth, pressuring equities, euro, spreads, volatility.

3

Jul 2026
Wells Fargo Sees Fed Holding Rates as June Minutes Tested for Shift Back to Hikes

Wells Fargo expects Fed hold; June minutes may hint hikes, inflation seen supply-driven, fading; volatility selling.

3

Jul 2026
GBP/JPY hovers near 215 as Japan intervention rhetoric bites and Bailey speech looms

GBP/JPY slipped toward 215.00 as intervention risks lifted yen, while carry-trade support and UK fiscal discipline.

3

Jul 2026
Japan signals readiness for yen intervention as USD/JPY eases amid persistent yield gap

Japan warns of possible FX intervention as yen weakens; traders eye volatility plays amid persistent yield gap.

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