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Crude oil remains rangebound despite the output hikes

SNB total sight deposits w.e. 4 July CHF 459.8 bn vs CHF 460.7 bn prior

US dollar holds firmer so far on the day

China gold reserves rise for eigth straight month

ECB’s Nagel: German fiscal policy impulses to outweigh effect of tariffs

OPEC+ will likely approve another output increase of around 550,000 bps for September

Market Outlook for the week of 7th- 11th July

European indices mostly little changed to start the new week

China reaffirms that it opposes tariffs being used as a tool to coerce others

Germany May industrial production +1.2% vs 0.0% m/m expected

UK June Halifax house prices 0.0% vs 0.0% m/m expected

Eurostoxx futures +0.1% in early European trading