Posted at 15 July 2025 / Categories Market Roundups
Market Roundup
• US Core CPI (MoM) (Jun): 0.2%, 0.3% forecast, 0.1% previous
• US Core CPI (YoY) (Jun): 2.9%, 3.0% forecast, 2.8% previous
• US Core CPI Index (Jun): 327.60, 326.85 previous
• US CPI (YoY) (Jun): 2.7%, 2.6% forecast, 2.4% previous
• US CPI (MoM) (Jun): 0.3%, 0.3% forecast, 0.1% previous
• US CPI Index, n.s.a. (Jun): 322.56, 321.46 previous
• US CPI Index, s.a. (Jun): 321.50, 320.58 previous
• US CPI, n.s.a (MoM) (Jun): 0.34%, 0.21% previous
• US NY Empire State Manufacturing Index (Jul): 5.50, -8.30 forecast, -16.00 previous
• US Real Earnings (MoM) (Jun): -0.4%, 0.3% previous
•Canada Common CPI (YoY) (Jun): 2.6%, 2.7% forecast, 2.6% previous
•Canada Core CPI (MoM) (Jun): 0.1%, 0.6% previous
•Canada Core CPI (YoY) (Jun): 2.7%, 2.5% previous
•Canada CPI (MoM) (Jun): 0.1%, 0.1% forecast, 0.6% previous
•Canada CPI (YoY) (Jun): 1.9%, 1.9% forecast, 1.7% previous
•Canada Manufacturing Sales (MoM) (May): -0.9%, -1.2% forecast, -2.7% previous
•Canada Median CPI (YoY) (Jun): 3.1%, 3.0% forecast, 3.0% previous
•Canada New Motor Vehicle Sales (May): 194.5K, 195.7K previous
•Canada Trimmed CPI (YoY) (Jun): 3.0%, 3.0% forecast, 3.0% previous
•US Redbook (YoY): 5.2%, 5.9% previous
•France 12-Month BTF Auction: 1.914% 1.892% previous
•France 3-Month BTF Auction: 1.940% 1.924% previous
•France 6-Month BTF Auction: 1.925% ,1.903% previous
US Cleveland CPI (MoM) (Jun): 0.3% , 0.2% previous
Looking Ahead Economic Data(GMT)
•03:00 New Zealand RBNZ Offshore Holdings (Jun) 59.70%
Looking Ahead Events And Other Releases(GMT)
•No Events Ahead
Currency Summaries
EUR/USD: The euro declined against the dollar on Tuesday after U.S. inflation data suggested the Federal Reserve would not rush to cut interest rates, while ongoing U.S. trade negotiations kept markets cautious.U.S.consumer prices rose at the fastest pace in five months in June, indicating tariffs were beginning to affect inflation and could keep the Federal Reserve on hold until September. On the tariff front, Trump announced the U.S. would impose a 19% tariff on goods from Indonesia under a new agreement. German investor morale improved more than expected in July, with the ZEW economic sentiment index rising to 52.7 from 47.5 in June, beating the 50.3 forecast in a poll. The euro was last down 0.51%on the day at $1.1603, the lowest since June 25. Immediate resistance can be seen at 1.1692(SMA 20 ), an upside break can trigger rise towards 1.1825(23.6%fib).On the downside, immediate support is seen at 1.1586(38.2%fib), a break below could take the pair towards 1.1500(June 16th low).
GBP/USD: Sterling declined against the dollar on Tuesday as investors digested a slight rise in U.S. inflation data.The latest economic data showed that U.S. consumer prices increased 0.3% in June, in line with forecasts, but the largest gain since January. Prices rose across goods from coffee to audio equipment to home furnishings in what economists saw as evidence the Trump administration's increasing import taxes are being passed through to consumers.The U.S. Federal Reserve has been keeping interest rates steady as it waited for data indicating the impact from tariffs. But after Tuesday's data, traders stuck to their bets that the Fed is more likely than not to cut rates in September, continuing to price around a 60% chance of a move after the data. Sterling weakened 0.28% to $1.3389, the lowest since June 23.Immediate resistance can be seen at 1.3471(Daily high), an upside break can trigger rise towards 1.3549(38.2%fib).On the downside, immediate support is seen at 1.3348(50%fib), a break below could take the pair towards 1.3231(Lower BB).
USD/CAD: The Canadian dollar edged lower against the U.S. dollar on Tuesday as Canadian inflation data reduced expectations for Bank of Canada interest rate cuts. Canada's annual inflation rate rose to 1.9% in June from 1.7% in May, meeting analysts' expectations, while CPI-median, one of the core measures of inflation closely tracked by the BoC, rose to 3.1% from 3%.U.S. consumer prices increased by the most in five months in June amid higher costs for some goods, suggesting tariffs were starting to have an impact on inflation and potentially keeping the Federal Reserve on the sidelines until September. The loonie was trading 0.1% lower at 1.3715 per U.S. dollar, after trading in a range of 1.3672 to 1.3729. Immediate resistance can be seen at 1.3733(38.2% fib), an upside break can trigger rise towards 1.3763 (Higher BB).On the downside, immediate support is seen at 1.3818(Higher BB), a break below could take the pair towards 1.3543(Lower BB).
USD/JPY: The dollar reached a 15-week high against the Japanese yen on Tuesday as U.S. consumer prices increased by the most in five months in June, while traders also pared expectations on how many times the Federal Reserve is likely to cut interest rates this year. The CPI increased 0.3% last month after edging up 0.1% in May, the Labor Department's Bureau of Labor Statistics said on Tuesday. That gain was the largest since January, and also reflected higher rental costs. Gasoline prices rebounded 1.0% after four straight monthly declines. In the 12 months through June, the CPI advanced 2.7% after rising 2.4% in May. Economists had forecast the CPI would climb 0.3% and rise 2.6% on a year-over-year basis. The dollar rose 0.77% against the yen to 148.84, its highest level since April 3. Immediate resistance can be seen at 147.43(Higher BB)an upside break can trigger rise towards 148.67(61.8%fib) .On the downside, immediate support is seen at 145.58(50%fib)a break below could take the pair towards 144.26(Jul 7th low).
Equities Recap
European shares closed lower on Tuesday, weighed by financial and healthcare stocks as investors monitored U.S.-EU trade talks and digested fresh U.S. inflation data.
UK's benchmark FTSE 100 closed down by 0.66 percent, Germany's Dax ended down by 0.42 percent, France’s CAC finished the day down by .54 percent.
The Nasdaq Composite closed at a fresh record high on Tuesday, lifted by gains in Nvidia, while other major Wall Street indexes slipped as inflation data and bank earnings failed to spark investor enthusiasm.
Dow Jones closed down by 0.98% percent, S&P 500 closed down by 0.40% percent, Nasdaq settled up by 0.18% percent.
Commodities Recap
Gold prices slipped on Tuesday as traders awaited tariff developments and digested a largely expected rise in U.S. consumer inflation.
Spot gold fell 0.5% to $3,328.06 per ounce as of 0145 p.m. EDT (1745 GMT). U.S. gold futures settled 0.7% lower at $3,336.7.
Oil prices dipped slightly on Tuesday, easing less than 1%, after President Trump’s 50-day deadline for Russia to end the Ukraine war reduced fears of immediate supply disruption.
Brent crude futures settled down 50 cents, or 0.7%, at $68.71 a barrel. U.S. West Texas Intermediate crude futures were down 46 cents, or 0.7%, at $66.52.