Mike by Dolan
London (Reuters) – What is today in the US and global markets?
Mike Dolan, Editor-large, finance and markets
After a relatively calm start week, the markets will have to navigate new information to the US Inflation, the Bank’s inflation and the Chinese growth is thrown into the mixture.
I will digest all this below. Make sure to check today’s column where I’m discussing the markets react to the new pressure president, Trump puts the Fed chair Jerome dust.
The minute of today’s market
* China’s economy has been slowed less than in the second quarter, in the second quarter, although analysts warn that the weak demand for the house and the risks of global trade will make more incentives to Beijing.
* The 30% tariff for European goods threatening US President Donald Trump, if implemented, is a game-changing Europe, erasing the entire transatlantic trade and forcing them to reconsider the main export economic model.
* Tesla has launched about $ 70,000 in India, the highest price among large markets, as the US car accident will feel the slowdown betting of the country Elon Musk.
* Import of major China products in the first half presented a mixed picture, Clyde Russell, but if there is a clear mind, is that the world’s highest natural resource buyer is more and more sensitive to prices.
* Until the United States appears well on reaching a record corn harvest, the exporter of the top is not completely inviolable to yield moving obstacles. Read the latest ROI agricultural columnist Karen Brown.
CPI, banks and NVIDIA, oh my.
The artificial intelligence complaint, which is already increasing by more than 20%, and the first company to evaluate 4 universes, overnightly for hours, when he entered US President Donald Trump.
“The US government has assured that NVIDIA will be provided, and NVIDIA hopes to start deliveries soon,” says the company, the chief executive director Jensen Huang, in Beijing.
The movement is contradictory in the geopolitical context and whiter, which has previously expressed fears that the Chinese Armed Forces can use AI to develop weapons, did not answer the request of a comment.
Monday Wall Street stock indices have ended in a positive area, stock futures were again higher again.
Earlier, Chinese stocks exceed modest interests when economic updates showed GDP growth, in the second quarter it was expected to expand the economic expansion of the economy.
June numbers were a more mixed bag, and the acceleration of Chinese industrial production is from one monthly decline in retail sales.
Yuan was mainly unattractive with data clearance.
Some of the stasis are conditioned by the state’s largest releases.
The June update of the June Consumer Prices is clear about thinking about the Federal Reserve, whether the tariff is climbing a picture of inflation, which is at a rate that pace should be reduced by more than 3 percentage points.
On Monday, once again, Trump said Fed Rates – now stored in the range 4.25-4.50%, must be 1% or less. Adding a new line of pressure on the Central Bank, the White House officials put pressure on the throne on the chair, what they claim to repair the bank’s repair.
The issuance of CPI is expected to show the medium-term level of increases in the previous month by 3.0% at the top of the Fed’s 2% target.
The yield on Edgy US Treasury Touches before the report, the 30-year bond yields from 5% token. The dollar index also slipped a little.
However, Japanese debt concerns are alarmed against the background. JGB yield of JGB is a record 3.20%, while since November 1999, the 20-year yield increased by a maximum of 2.65% and the 10-year yield this weekend, which can strain the country’s already common finances.
Before the update of the US inflation today, GEAR reports the report of large US banks today.
Other oil prices have fallen further than 50 days for Russia to end the Ukrainian war for Russia and immediately immediately immediate concerns to end the trump’s war. Oil prices have risen from the expectations of both Russian and Moscow countries, but have refused your hands when traders suspected that the United States would actually cut sharp tariffs on third countries.
European shares have pushed higher, at the same time, even after 30% tariff threat from the region, even after the weekend.
Aircraft, cars, cars, chemicals and medical devices are the leading tickets for the latest US goods, the European Commission offered to impose tariffs if talks with Washington are not about trade.
But the meeting of the European ministers in Brussels on Monday remained convinced that they could defeat from the edge to his August 1 and reach a transaction, which will wide $ 1.7 trillion trading.
And the German investor Morale has risen more this month than expected, Zuu Institute reports, from 47.5 points to 52.7 points in June.
The statement came from Finance Minister Rachel Reeves and the Bank of England is expected to be expected.
Tuesday Reeves announced that more than Tuesday savings to invest in large-scale initiatives to promote Britain’s financial services. British blue chip FTSE 100 first leads to 9000 points and get pounds.
On Tuesday, Bitcoin was recycled from $ 120,000, after the beginning of the cranks a week, it hit a new record $ 123,153 earlier.
Table of the day
On Tuesday, major US banks report a later profit due to heated trade and modest restoration in Hobbable Investment Banking. On Tuesday, Citigrropan Chase, Citigroup and Wells Fargo start earnings in the second quarter, focusing on their worldview when economic uncertainty to US tariff policy remains high. Although in the second quarter of the investment bank, there was a particular activity, world banks, including high-ranking US lenders on a $ 10% profit on the changes in the US tariff policy. Citigroup shares take the package after ROLLERCOASTER starting from 2025.
To view today’s events
* US Consumer Price Report (8:30 AM EDT); Canada June Consumer Prices (8:30 am EDT)
* US Corporate Hosts, Blackrock, JPMorgan, Citigroup, New York Mellon, Wells Fargo, State Street, Omnicom, Jbhunt
* Federal Reserve Deputy Chairman Micell Boman, Fedle Boman, Dolsi Governor Michael Bar, Dallas President Lori Lori, Boston Fedli and Richmond President Tommond Everyone Talks
* END MINISTER OFFICE ENDRY Bale Reevce Address in London’s home dinner at home
The expressions expressed are the author. They do not reflect the views of Reuters News, which, according to the principles of trust, are loyal to the integrity, independence and freedom of bias.
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(Mike Dolan; editing by HUGH LAGOSON).
