EUR/USD gave up its gains against the US dollar, fell more than 20 points in the short term, and is now down 0.02%.

Hungarian Foreign Minister: If gas prices soar again, the payment of Russian gas transportation will continue to be delayed.

The U.S. dollar index DXY rose 13 points in the short term and is now at 103.22.

Eurozone government bond yields fell after the release of the PMI data, with German 2-year bond yields falling 2.1 basis points to 3.267%; Italian 2-year bond yields fell 0.5 basis points to 3.937%, 10-year bond yields It fell 4.3 basis points to 4.160%.

Cyrus de la Rubia, Chief Economist of Hamburg Commerzbank, commented on the Eurozone PMI: Price pressures in the services sector, which the ECB is particularly concerned about, have eased, but by historical standards, input costs are still rising strongly, and service companies are still able to expand At least some of the cost increases, some of which are due to rising wages, are passed on to end consumers. This is reflected in persistently high core inflation, which is why the ECB is likely to continue raising policy rates.

UAE Energy Minister: OPEC+ may need new members.

Hamburg Commerzbank economist Norman Liebke commented on the French PMI data: The service companies surveyed said that new orders at home and abroad are decreasing. The drop in new orders was largely due to inflationary pressures, higher borrowing costs and greater difficulty obtaining loans. While business expectations for the next 12 months remained upbeat, the corresponding HCOB PMI fell by more than 4 percentage points, suggesting that service sector firms were less optimistic about the outlook.

Pakistani Prime Minister Sharif: IMF board meeting will be held on July 12.

Piper Jaffray cut its price target on Coinbase (COIN.O) to $60 from $65.

Hon Hai’s June sales were NT$422.77 billion, down 19.7%.

U.S. natural gas futures rose 3.00% on the day and are now trading at $2.791 per million British thermals.

The U.S. dollar index DXY fell 10 points in the short term and is now at 103.04.

UK Financial Conduct Authority (FCA): The vast majority of firms understand non-financial misconduct in relation to suitability assessments and we intend to issue further guidance on this.

UK Financial Conduct Authority (FCA): The financial watchdog will propose further reforms to improve markets and enhance competitiveness.

ECB Governing Council Nagel: Cautious about announcing a new era of high interest rates.

ECB Governing Council Nagel: Price stability does not come automatically.