Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions 
Best Gold Stocks to Buy Now: AABB, GOLD, GDX 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
The Eurozone periphery bonds remained mixed on Wednesday as investors are looking forward to the release of benchmark German consumer price inflation for the month of June, due on June 29. Also, the country’s unemployment rate for the month of June, scheduled for release on June 30 will provide further direction in the debt market.
The benchmark German 10-year bond yields, which moves inversely to its price, jumped 2-1/2 basis points to 0.38 percent, the French 10-year bond yields, rose 1 basis point to 0.74 percent, Irish 10-year bond yield fell 1 basis point to 0.78 percent, Italian equivalent climbed 3 basis points to 2.05 percent, Netherlands 10-year bonds yield surged 3 basis points to 0.58 percent, Portuguese equivalents slumped nearly 2 basis points to 3.01 percent and the Spanish 10-year yields traded nearly 1 basis point higher at 1.46 percent by 09:00 GMT.
"Not least due to lower energy price inflation, we expect euro area headline CPI to fall for the second successive month to 1.2 percent y/y, from 1.4 percent y/y in May, but euro area core CPI to inch up 0.1ppt to 1.0 percent y/y," Daiwa Markets commented in its recent research report.
With no important data today, all eyes and ears are going to be on today’s Policy Panel at 14:30BST, which includes Draghi, Carney, Kuroda and Poloz. The focus of attention will very much be on whether Draghi tries to reign in the market reaction to yesterday’s comments and also Poloz after he and Deputy Governor Wilkin’s turned more hawkish a couple of weeks ago. The market is looking for clues as to whether they will increase rates at next month’s meeting.
Meanwhile, the pan-European STOXX 600 index was down 0.60 percent to 383.65, German DAX fell 0.63 percent to 12,589.25, France’s CAC 40 slipped 0.55 percent to 5,229.30 and the PSI20 Index traded 0.68 percent lower at 5,156.97 by 09:10 GMT, while at 09:00GMT, the FxWirePro's Hourly Euro Strength Index stood neutral at 31.83 (higher than +75 represents bullish trend). For more details, visit http://www.fxwirepro.com/currencyindex
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest
