Why U.S. Coffee Prices Are Staying High Despite Trump’s Tariff Rollbacks 
BOJ Poised for Historic Rate Hike as Japan Signals Shift Toward Monetary Normalization 
Asian Markets Rebound as Tech Rally Lifts Wall Street, Investors Brace for BOJ Rate Hike 
UK Economy Grows 0.1% in Q3 2025 as Outlook Remains Fragile 
Oil Prices Climb in Asian Trade as Venezuela Sanctions and Middle East Tensions Fuel Risk Premium 
U.S. Stock Futures Rise Ahead of Holiday-Shortened Week as AI Optimism Lifts Tech 
Japan Inflation Holds Firm in November as BOJ Nears Key Rate Hike Decision 
German Exports to the U.S. Decline Sharply as Tariffs Reshape Trade in 2025 
China Keeps Benchmark Lending Rates Steady as Economic Outlook Remains Cautious 
Asian Stocks Rise as Wall Street Tech Rally Lifts Markets, Yen Slumps Despite BOJ Rate Hike 
Japan Signals Possible Yen Intervention as Currency Weakens Despite BOJ Rate Hike 
Precious Metals Rally as Silver and Platinum Outperform on Rate Cut Bets 
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
