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Key Economic Data and Events to Watch Today: Friday, July 3, 2026 ① Pending: Domestic refined oil price adjustment window opens ② 09:45 China June RatingDog Services PMI ③ 14:45 France May Industrial Production MoM ④ 15:50 France June Services PM

2026-07-03

Key Economic Data and Events to Watch Today: Friday, July 3, 2026 ① Pending: Domestic refined oil price adjustment window opens ② 09:45 China June RatingDog Services PMI ③ 14:45 France May Industrial Production MoM ④ 15:50 France June Services PMI Final ⑤ 15:55 Germany June Services PMI Final ⑥ 16:00 Eurozone June Services PMI Final ⑦ 16:00 ECB President Lagarde participates in forum ⑧ 16:30 UK June Services PMI Final ⑨ 23:00 Bank of England Governor Bailey speaks

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2026-07-03

Russia paid 210.6 billion rubles ($2.72bn) in June subsidies to refineries supplying the domestic market — more than sixfold YoY — to partly offset the gap between domestic and export fuel prices, the finance ministry said Friday. It was the largest

Russia paid 210.6 billion rubles ($2.72bn) in June subsidies to refineries supplying the domestic market — more than sixfold YoY — to partly offset the gap between domestic and export fuel prices, the finance ministry said Friday. It was the largest single-month subsidy since Dec 2023, mainly driven by elevated international fuel prices after disruptions in the Strait of Hormuz and by Ukrainian attacks on refineries that worsened nationwide shortages. The measures aim to boost domestic fuel inventories by incentivizing firms to store more oil products domestically and sell to consumers at lower prices.
2026-07-03

On the A-share market, BOE Technology (A shares) turnover hit 30 bln yuan; shares are down 6.59%.

On the A-share market, BOE Technology (A shares) turnover hit 30 bln yuan; shares are down 6.59%.
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