Equities keep firmer ahead of North American trading 0 (0)

S&P 500 futures up by a little over 0.7%
report
S&P 500 futures are a little over 0.7% higher with Dow futures up by 0.9% currently.
Meanwhile, European indices are also looking a little more perky with most indices holding gains of around 1% at the moment. So far, there aren’t much pessimistic headlines to be dragging risk

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Merkel warns EU leaders of „very, very difficult times“, cautions interest on recovery fund 0 (0)

Merkel is said to have warned her fellow leaders in the meeting today
According to officials familiar with her comments, it is said that Merkel has warned other EU leaders that the bloc faces its deepest recession since World War II and that will lead to „very, very difficult times“ ahead.

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BofA lifts EUR/USD call for Q3, but still sees it falling towards the year-end 0 (0)

BofA raises its EUR/USD forecast for Q3 to 1.08 from 1.02 previously
The firm’s head of G-10 currency strategy, Athanasios Vamvakidis, said in a note to clients that their forecast may represent some downside but argues that the downside in the pair is likely to be more limited in the near-term.

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