Economic calendar: G7 meeting and University of Michigan index

European markets seen opening flat
Meeting of G7 leaders
University of Michigan data for June

According to the situation on futures markets, European indices are set for a flat opening of today's cash session. Much higher-than-expected inflation in the United States did not dent moods on Wall Street with major indices looking towards records. Economic calendar is much lighter today. UK GDP data for April released at 7:00 pm BST was top reading. It showed a 2.3% MoM growth, slightly below 2.4% MoM expected. In the later part of the day, investors will be offered the University of Michigan index for June. Last but not least, meeting of G7 leaders begins today so traders should be aware of potential headline risk.

8:00 am BST - Spain, CPI inflation for May. Expected: 2.7% YoY. Previous: 2.2% YoY

3:00 pm BST - US, University of Michigan index for June. Expected: 83.5. Previous: 82.9

Central bankers' speeches

9:30 am BST - BoE Governor Bailey
2:00 pm BST - NBP Chairman Glapiński

3 July 2026, 10:42

Chart of the Day: USDJPY – a change in trend? (03.07.2026)

3 July 2026, 08:45

Economic Calendar: What are markets focusing on after NFP? (03.07.2026)

3 July 2026, 07:51

Morning Wrap: Asia in the green – is optimism returning to the markets? (03.07.2026)

2 July 2026, 19:05

Daily summary: Gold surges 2%, Nasdaq drags down sentiments on Wall Street

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