Equities

3 July 2026
Italy May Retail Sales Beat Forecast, Firming Eurozone Demand and Testing ECB Cut Expectations

Italy’s May retail sales beat forecasts, signaling resilient demand—supporting ECB patience, modest euro strength, and Italy assets.

3 July 2026
Germany Services PMI Beats Forecast, Easing Recession Fears and Supporting DAX and Euro

Germany’s services PMI rose to 48.6, beating forecasts; contraction eased, supporting equities and euro cautiously.

3 July 2026
Germany’s HCOB composite PMI beats forecasts, bolstering euro and dampening DAX volatility

Germany’s composite PMI hit 49.5, nearing expansion; easing recession fears, supporting equities, euro, yields, volatility.

3 July 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 July 2026
Turkey’s June inflation edges above forecasts, reinforcing expectations of CBRT holding rates at 50%

Turkey’s June CPI rose 32.11% y/y, slightly above forecasts, keeping CBRT hawkish and rates high.

3 July 2026
Dollar slips as weak US payrolls cool Fed hike odds and lift equities, gold

Dollar slips after weak jobs data cuts July Fed hike odds; stocks, euro, gold rise globally.

3 July 2026
Asian semiconductor shares slide as OECD warns South Korea over tech-cycle dependence and rising volatility

Semiconductor stocks slide across Asia as OECD warns Korea’s chip dependence, boosting volatility and prompting defensive positioning.

3 July 2026
Argentina June Tax Receipts Slip, Raising Concerns Over Fiscal Targets and Peso Pressure

June tax revenue fell to 20,017b, signaling slowdown, pressuring peso and equities amid rising volatility and fiscal risks.

3 July 2026
US 4-week Treasury bill yield slips to 3.605% as markets price in nearer Fed cut

Treasury 4-week bill yield dips to 3.605%, hinting July Fed cut odds; traders favor rate-sensitive equities.

3 July 2026
Indonesia markets steady as oil pullback aids rupiah, while foreign bond inflows rise

Indonesia’s rupiah and bonds stabilized as oil fell; foreigners bought IDR debt, equities lag, volatility opportunities.

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