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S&P index turns into negative territory

WH: Call between Trump and Zelenskyy was misinterpretted

Broader US indices are opening higher

Canada June CPI +1.9% y/y vs +1.9% expected

US June core CPI YoY 2.9% vs 3.0% estimate.

Forexlive European FX news wrap: Awaiting the US CPI release

Kremlin says Putin will respond to Trump comments if necessary

EU Spokesperson: EU has no intention to retaliate before August 1

What is the distribution of forecasts for the US CPI?

US Bessent: I wouldn’t put too much emphasis on one inflation number

ECB’s Radev: I value prudence, data-dependence and a strong anti-inflationary bias

A round up of the estimates ahead of the US CPI report later