ECB President Lagarde: Wage pressures are increasingly an important source of inflation.

European Central Bank President Lagarde: Past increases in energy prices and pent-up demand are still pushing up prices.

Chairman of Russian natural gas producer Novatek: We expect the global natural gas market to stabilize.

ECB President Lagarde: Underlying price pressures remain strong.

U.S. Treasury yields continued to retreat, with 10-year and 30-year yields falling to session lows.

European Central Bank President Lagarde: Reform of the EU governance framework should be carried out as soon as possible.

ECB President Christine Lagarde reiterated the ECB policy statement.

The Euro Stoxx 600 index continued to fall as the European Central Bank raised its inflation forecast, and is now down 0.7%, falling to the lowest point of the day.

U.S. Climate Prediction Center: Above-normal precipitation is possible for most of the Great Plains, parts of the lower and middle Mississippi Valley, the Northern Rockies, and the Florida Peninsula from July to September.

The U.S. Climate Prediction Center: The temperature outlook for July-September is tilted toward above-normal seasonal average temperatures for most of the United States.

U.S. Weather Prediction Center: El Niño is expected to intensify and persist in the winter of 2023-2024.

EUR/USD rose 30 points in the short term to 1.2665.

The short-term decline of the US dollar against the yen USD/JPY expanded to nearly 30 points, and it is now at 140.94.

In June, the Philadelphia Fed manufacturing shipment index was 9.9, the previous value was -4.7.

In June, the Philadelphia Fed manufacturing price index was 0.1, the previous value was -7.

U.S. Treasury yields retreated after the economic data, with the 10-year yield up 2.10 basis points to 3.819%.