Will the US employment suddenly deteriorate? On the eve of the non-agricultural employment data, this data is of interest tonight.

Economists predict that the number of initial jobless claims for the week ending June 29 may slightly increase from 233,000 the previous week to 235,000, and this potential upward trend may indicate a cooling job market.

wallstreetcn57minutes ago

Eurozone Inflation Eases But ECB Likely To Keep Interest Rates On Hold: MIDF Research Finds

Consumer prices slip to 2.5% but core rate stays high, prompting little belief in further cuts in borrowing costs, news reports cited recently MIDF Research said the ECB will keep its interest rate status quo for Jul-24 policy rate.

Business Today21:54 ET

Lagarde: High inflation in the Eurozone is not all due to the "Taylor Swift Effect".

Christine Lagarde, president of the European Central Bank, said on Tuesday that Taylor Swift's "Reputation" tour is not the only factor driving high inflation in the eurozone. Despite the service industry inflation remaining high last month at the G20, it cannot be solely attributed to the stimulating effect of the "Haylor" concert on consumer spending. Lagarde said in an interview, "You know, this is not just about Taylor Swift. Others have come too." Lagarde was responding to questions about whether Swift's tour had pushed up service industry inflation.

環球市場播報20:02 ET

EUR/USD Caught in Chart Churn Ahead of Wednesday's HCOB PMIs, US ADP Jobs Figure

EUR/USD spent Tuesday in a churning pattern, cycling just below 1.075 as the pair grapples with finding momentum. Key labor data from the US looms ahead on Friday, and EU economic figures remain scattered throughout the back half of the trading week.

FXStreet19:44 ET

Another European Central Bank official has signaled! Committee Member Makhlouf: We expect to only cut interest rates once this year.

According to Zhītōng Cáijīng, Gabriel Makhlouf, the Governing Council member of the European Central Bank and Governor of the Central Bank of Ireland, said that he is satisfied with another interest rate cut this year because he needs more time to ensure that the inflation rate is on track toward 2%. According to reports, Makhlouf said during the European Central Bank forum held in Sintra, Portugal, "I am confident about the expectation of another interest rate cut." He said, "I think it may have been a bit too much to expect two rate cuts as early as the beginning of July. I’m not saying I exclude that possibility." Meanwhile, several European Central Bank officials have also lowered interest rates in June this week.

Zhitong Finance19:25 ET

Chicago Fed Chairman: Interest rates should be considered lowered in the coming months due to sustained inflation decline.

Golsby believes that interest rate cuts should be considered in the next few months.

Zhitong Finance18:00 ET