European equities in the balance as we wait on the official openings 25 July
- DAX futures -0.1%
- CAC40 -0.1%
- FTSE +0.1%
Bund futures up 5 at 166.42
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Eurostoxx 50 futures flat in early European trading 25 July
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- FT: Trump is pushing for 15 – 20% minimum tariff on all EU goods. EURUSD moves lower.
- Bank of Korea seen holding rates on April 10 as oil shock lifts inflation risks
- PBOC sets USD/ CNY central rate at 6.8680 (vs. estimate at 6.8369)
- Israel wary of ceasefire, raising doubts over US-Iran truce durability
- PBOC is expected to set the USD/CNY reference rate at 6.8369 – Reuters estimate
- Market rejoicing continues: Oil down, gold up. USD down, equities up.
- Japan real wages jump most in five years, boosting BoJ hike expectations
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