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European equities closed higher on Friday, July 3: Germany's DAX 30 +255.17 pts (+1.00%) at 25,801.57; UK FTSE 100 +24.78 pts (+0.23%) at 10,677.65; France's CAC 40 +33.21 pts (+0.39%) at 8,508.07; STOXX Europe 50 +56.09 pts (+0.88%) at 6,416.56; Spa

2026-07-03

European equities closed higher on Friday, July 3: Germany's DAX 30 +255.17 pts (+1.00%) at 25,801.57; UK FTSE 100 +24.78 pts (+0.23%) at 10,677.65; France's CAC 40 +33.21 pts (+0.39%) at 8,508.07; STOXX Europe 50 +56.09 pts (+0.88%) at 6,416.56; Spain's IBEX 35 +173.97 pts (+0.88%) at 19,845.77; Italy's FTSE MIB +389.32 pts (+0.74%) at 52,817.50.

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2026-07-03

On Wednesday, U.S. Air Force Major Jason Watson was arrested on the steps of the Capitol after calling for the impeachment of President Trump and Vice President Vance. Watson stated, “When the President of the United States orders military action aga

On Wednesday, U.S. Air Force Major Jason Watson was arrested on the steps of the Capitol after calling for the impeachment of President Trump and Vice President Vance. Watson stated, “When the President of the United States orders military action against a foreign country—unless there is an emergency where U.S. interests are under imminent and serious threat, as has been done with Venezuela, Cuba, and Iran—it is an unconstitutional usurpation of Congress’s power and a violation of the War Powers Clause.” “These human rights abuses have resulted in the deaths of 13 service members and injuries to hundreds. For this, the President and Vice President must be impeached, convicted, and removed from office,” he added.
2026-07-03

BNP Paribas SA chief economist Isabel Mateos y Lago said the probability of a Fed rate move in July has fallen; only a very strong July nonfarm payroll print near or above 130k would make the July meeting a close call, and she still sees a case for f

BNP Paribas SA chief economist Isabel Mateos y Lago said the probability of a Fed rate move in July has fallen; only a very strong July nonfarm payroll print near or above 130k would make the July meeting a close call, and she still sees a case for further Fed tightening. Short-term rate futures price roughly a 20% chance of a 25bp hike at the July 29 decision, down from about 33% before the nonfarm print; markets still expect a 25bp hike this year, but not before December. On the ECB, she sees the baseline as another hike in September but noted Governing Council speakers at Sintra did not rule out skipping that move. She warned energy-supply normalization may take six months or longer and could reaccelerate eurozone inf, though consumer prices outside energy-affected areas are unlikely to come under broad pressure.
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