USD/JPY lingers at three-week lows after Bessent chimes in on BOJ policyFed policymakers still seemingly on the fence about a September moveFed's Daly says a large rate cut next month doesn't seem warrantedFrance's Macron: Trump expressed willingness to provide Ukraine with security guaranteesUK Q2 preliminary GDP +0.3% vs +0.1% q/q expectedUK June monthly GDP +0.4% vs +0.1% m/m expectedEurozone Q2 GDP second estimate +0.1% vs +0.1% q/q prelimFrance July final CPI +1.0% vs +1.0% y/y prelimSwitzerland July producer and import prices -0.2% vs -0.1% m/m prior
Markets:
JPY leads, NZD lags on the dayEuropean equities higher; S&P 500 futures flatUS 10-year yields down 3.2 bps to 4.207%Gold flat at $3,353.96WTI crude up 0.4% to $62.91Bitcoin down 1.7% to $120,805In the run up to that, the dollar is keeping more mixed as it holds steadier against the likes of the euro and aussie but down against the yen. EUR/USD is down 0.2% to 1.1685 with large option expiries at 1.1700 anchoring the pair after having started the day above 1.1700. Meanwhile, USD/JPY is down 0.5% to 146.57 with the low earlier touching 146.21 as lower bond yields are also factoring into the equation alongside some comments from US Treasury secretary Bessent on BOJ policy earlier.
In the equities space, US futures are more muted in waiting on more data later and the retail sales tomorrow. Fed policymakers are keeping things in check as well, at least pushing back on a 50 bps rate cut. As for a 25 bps rate cut, there's still no clear sides just yet but markets are continuing to stay all in on that for now.
In other markets, we're seeing traders keep their appetite in check as well. Gold is flattish while cryptocurrencies are backing away from earlier highs a little. Ethereum remains buoyed, hovering near $4,800 while Bitcoin is getting knocked back after clipping the $124,000 mark earlier to just under $121,000 currently.
This article was written by Justin Low at investinglive.com.Hence then, the article about investinglive european markets wrap a mixed mood awaiting more us data later was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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