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The euro and pound are showing subdued moves against the US dollar and have shifted into consolidation following their recent price action. Market participants are reluctant to establish new positions ahead of a key batch Read more…
Markets Brent crude tested the $102/b July top which matches the highest level since end May. European gas prices pierced €80/MWh for the first time since Jan 2nd 2023. UK and European yield curves extended Read more…
In focus today In the euro area, the ECB will announce its deposit rate. We expect the ECB to raise policy rates by 25bp, bringing the deposit rate to 2.50%, in line with consensus and Read more…