*Retail sales in the USA for June were the data expected by the markets during the day. Core retail sales were announced as 0.2% on a monthly basis and headline sales at 0.2% on a monthly basis.

*EURUSD continues to price in a region close to its 1.265-week high during the day, with very limited pullbacks. On the other hand, the yellow metal Ounce Gold side continued to rise inversely with the US 10-year bond yield falling below 3.77% during the day and saw 1970 levels during the day. While the dollar index is also followed closely, we followed the double bottom formation at 99.55, which is seen more clearly on the four-hour chart during the day. If the reactions exceed 100, we can see that the dollar index can recover somewhat.

* ECB Member Knot, in his statements on monetary policy today, stated that an interest rate hike is possible but not certain after the July meeting. He stated that the expectation that inflation will reach the target of 2% in 2023 is an optimistic forecast.

*In Canada’s June inflation data, annual inflation continued to decline and stood at 2.8%.

*Deutsche Bank lowered its forecast for China’s full-year GDP growth to 5.3% from 6.0% previously.

*Tomorrow night at 01:45 CEST, inflation data from New Zealand will be the first important data we will encounter. We will watch the UK inflation data at 09.00 in the morning and the Euro Zone inflation data at 12.00.