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Friday, July 4, 2025

European Markets Wrap-Up: OPEC+ meeting has been moved to Saturday 5th of July due to Ashura holiday

OPEC+ meeting has been moved to Saturday 5th of July due to Ashura holiday

Reuters reports that the OPEC+ meeting has been moved to Saturday 5th of July due to Ashura holiday. The group has been steadily adding back oil output since April and it's expected to deliver another... 

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Nasdaq Technical Analysis for 4th of July

NASDAQ Futures Technical Analysis – July 4, 2025 Published by InvestingLive.com, the upcoming evolution of ForexLive What is the current trend in NASDAQ futures? As the above Nasdaq Futures Technical... 

Traders pare back their dovish bets on the Fed after the positive NFP report

Rate cuts by year-end Fed: 54 bps (95% probability of no change at the upcoming meeting) ECB: 26 bps (88% probability of no change at the upcoming meeting) BoE: 53 bps (80% probability of rate cut at... 

Eurozone May PPI -0.6% vs -0.5% m/m expected

Prior -2.2% PPI +0.3% vs +0.3% y/y expected Prior +0.7% Looking at the breakdown, the main drag was actually energy prices which declined by 2.1% on the month. If you strip that out, euro area produce... 

ECB's Villeroy: Euro appreciation has a clear disinflationary effect

Strong euro may increase the risk of undershooting on inflation Closely watching exchange rate volatility Don't see any inflationary effects from US tariffs ECB is in a good position on rates and infl... 

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Latest Forex Orders

FX option expiries for 4 July 10am New York cut

There is just one to take note of on the day, as highlighted in bold . It's going to be a quiet day with it being a US holiday and the lack of any major expiries fits with the theme. However, there is... 

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