Greenback eases lower as China trumpets super-sovereign currency idea. Equities trying to fill up the punch bowl for another round.
Q2 Earnings season is soon upon us - will corporations report signs of green shoots or wilting hope? Volatility seems to be on summer vacation.
HEADLINES - PREVIOUS SESSION
- Germany May Import Price Index fell -10.4% YoY vs. -10.3% expected
- Sweden May Trade Balance was 9.5B vs. 8.8B in Apr.
- Switzerland Jun. KOF Swiss Leading Indicator out at -1.65 vs. -1.75 expected and -1.85 in May
- Germany Jun. preliminary CPI out at +0.4% vs. +0.2% expected
- US May Personal Income rose 1.4% vs. 0.3% expected and 0.7% in Apr.
- US May Personal Spending rose +0.3% as expected
- US Jun. Final University of Michigan Confidence out at 70.8 vs. 69.0 expected and vs. 68.7 in Ma.