- Wall Street indices recovered from lower opening and are trading higher, with S&P 500 gaining 0.8% and approaching 5,500 pts mark. Nasdaq jumps 1.1%, Dow Jones adds 0.4% and small-cap Russell 2000 trades 0.5% higher
- European stock market indices traded higher today - German DAX added 0.4%, UK FTSE 100 traded flat, French CAC40 jumped 0.9% and Dutch AEX gained 0.5%
- Polish WIG20 was European outperformer with almost 1.9% gain, while Spanish IBEX was a laggard with 0.3% drop
- EUR and GBP are the best performing G10 currencies, while JPY and NZD lag the most
- Precious metals trade mixed - gold drops 0.7%, silver declines 0.8%, palladium trades 0.1% higher and platinum jumps 1.2%
- Energy commodities trade mixed - oil gains 1.6% while US natural gas prices drop over 3%
- US natural gas prices dropped below $2.80 as new forecasts showed lower probability of above-average temperatures in US Midwest region
- Major cryptocurrencies are pulling back slightly, with Bitcoin dropping 0.2% and Ethereum trading 1.5% lower
- Fed's Harker said that in his opinion one cut this year is appropriate but his view could change depending on the data
- US New York Fed Empire manufacturing index improved from -15.6 to -6.0 in June (exp. -11.3)
- Canadian annualized housing starts for May came in at 264.5k (exp. 246k), up from 241.1k in April
- Polish core CPI inflation decelerated from 4.1 to 3.8% YoY in May (exp. 3.8% YoY)
- Japanese core machinery orders declined 2.9% MoM in April (exp. -3.0% MoM)
- Chinese industrial production increased 5.6% YoY in May (exp. 6.0% YoY), retail sales were 3.7% YoY higher (exp. 3.0% YoY), while urban investments jumped 4.0% YoY (exp. 4.2% YoY)
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