🌅 Morning Update | 01.07.2025 📈 Asian markets are staying in the green after Wall Street's solid performance yesterday. Gains seen in 🇨🇳 China, 🇦🇺 Australia, and 🇳🇿 New Zealand — while 🇯🇵 Nikkei 225 slips 1%. 🇪🇺 Before the European cash open, EU50 futures edge up by +0.12%. 📊 Strong China PMI! Caixin Manufacturing PMI (June): 50.4 vs. 49.0 expected (previous: 48.3) — first move back above 50 ➡️ signals expansion 📦 🐶💥 Trump vs. Musk — Round 2! Trump suggests DOGE “look closely” at Elon and his subsidies 👀 Tesla shares 🚘 down -6% pre-market. 🇺🇸 Trade news: The US is reportedly shifting focus to smaller trade deals before the July 9 deadline — far from the original “90 deals in 90 days” goal. 🏛 ECB Sintra Forum continues today! Speeches expected from: ▪️ Andrew Bailey (BoE) ▪️ Christine Lagarde (ECB) ▪️ Jerome Powell (FED) ▪️ Kazuo Ueda (BoJ) 🕞 15:30 CEST 💴 USD/JPY dipped below 143.60 after BoJ’s Tankan survey beat forecasts (13 vs. 10 points). 💶 EUR/USD briefly popped above 1.1800 — dollar weakness seen early but now stabilising. 🥇 Gold shines bright: GOLD +0.82% ➡️ $3,329/oz — back above 50-day EMA. 🗓️ Today’s Key Data (CEST): 🔹 11:00 – 🇪🇺 Eurozone CPI 🔹 16:00 – 🇺🇸 US JOLTS Job Openings multiple central bank speeches throughout the day 📅 Follow us for more market wisdom and smart trading insights!