CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

08:00 · 6 July 2026

Economic Calendar: All Eyes on Key U.S. Services Data⏰

We’re kicking off a new week on the financial markets. This morning’s macroeconomic data has had a limited impact so far: Hungarian retail sales came in better than expected (4.8% y/y vs. 4.7% expected), but Hungarian industrial production came in below expectations (-0.4% y/y vs. 1.4% expected), while German factory orders exceeded forecasts (1.9% m/m vs. 1.5% expected).

This afternoon, market attention will shift to the U.S., where the PMI and ISM PMI data for the services sector for June will be released. The Services PMI (forecast: 51.4) will be released at 3:45 p.m., followed by the key ISM Non-Manufacturing Index (forecast: 54.2, previously 54.5) at 4:00 p.m., along with its components: Business Activity, Employment, and the Prices Index. In the evening, comments from central bank officials—Waller of the Fed (5:00 p.m.) and Lane of the ECB (8:30 p.m.)—are expected, which may influence expectations regarding the future path of interest rates.

Opening of European stock indices

At the start of the trading session, European stock markets are posting slight gains. 

  • VSTOXX (volatility index) – +0.60%, signaling a slight increase in market nervousness

  • UK100 +0.23%, NED25 +0.13%, FRA40 +0.10%, SUI20 +0.09%, SPA35 +0.05%, ITA40 +0.04% – modest gains

  • The EU50 (-0.07%) and DE40 (-0.15%) are the only indices in negative territory, though the declines are marginal

6 July 2026, 08:33

Goldman Sachs turns even more bearish on yen 📉
6 July 2026, 06:36

Morning Wrap (06.07.2026)
3 July 2026, 19:06

Daily  summary: The US celebrates Independence Day, Europe rebounds
3 July 2026, 18:28

Three Markets to Watch Next Week: OIL, US100, NZDUSD (03.07.2026)

This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.

Economic reports