- US Initial Jobless Claims Actual 223k (Forecast 224k, Previous 220k)
- US Philly Fed Business Index Actual 12.5 (Forecast 9, Previous 18.1)
The data is mostly in line with expectations. EURUSD is losing some ground after the release and remains in a strong downtrend.
Daily Summary: Wall Street in limbo as US considers lifting sanctions on Iranian oil
Pound Rallies as Markets Welcome Prime Minister Keir Starmerβs Resignation π¬π§ π
Economic Calendar: Canada's CPI print takes center stage π‘
Morning Wrap: Fragile, but still. Investors are confident that U.S.-Iran talks are making progressβ°