Forex news from the European trading session – 30 June 2021
Headlines:
Markets:
– GBP leads, CHF lags on the day
– European equities lower; S&P 500 futures flat
According to a survey by Reuters
– OPEC output in June rises by 740k bpd to 26.24 million bpd
– Compliance with OPEC+ seen at 115%
This isn’t so much so a surprise as they are pumping more amid improving demand conditions, with output having risen in every month sine June 2020 (besides February).
Forex news from the European trading session – 29 June 2021
Headlines:
Markets:
– JPY leads, AUD lags on the day
– European equities higher; S&P 500 futures flat
USD/CAD closes back in on the 100-day moving average
The pair is up 0.3% on the day to 1.2370 with the high touching 1.2382, closing in on the 100-day moving average (red line) @ 1.2393.
A look at what is on the board for today
There aren’t any key expiries for today as the bulk of the strikes fall on Friday, coinciding with the US non-farm payrolls report release.
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