Euro Stoxx 50 futures fell 0.16%; Germany's DAX 30 futures fell 0.08%; the UK's FTSE 100 futures fell 0.09%.

Key Events and Data Preview This Week: Fed Meeting Minutes; China's June CPI and June Foreign Exchange Reserves; SK Hynix ADR Makes its US Stock Market Debut 1. Monday ① Data: Switzerland's June seasonally adjusted unemployment rate; Eurozone's July Sentix Investor Confidence Index, Eurozone's May PPI (MoM), Eurozone's May Retail Sales (MoM); US June S&P Global Services PMI (Final), US June ISM Non-Manufacturing PMI, US June Global Supply Chain Stress Index. ② Events: Speeches by Fed Governor Waller, ECB Executive Board Member Schnabel, ECB Governing Council Member Winsch, and Swedish Central Bank Deputy Governor Seim. 2. Tuesday ① Data: Germany's May seasonally adjusted industrial production (MoM); UK's June Halifax seasonally adjusted house price index (MoM); France's May trade balance; US ADP employment change for the week ending June 20, US May trade balance; China's June foreign exchange reserves. ② Events: Turkey hosts the NATO summit until July 8; the Office of the United States Trade Representative holds a public hearing to consider a proposal to impose additional tariffs on 60 economies worldwide. 3. Wednesday ① Data: US API crude oil inventories for the week ending July 3; Japan's May trade balance; New Zealand's Reserve Bank of New Zealand interest rate decision for July 8; US May wholesale sales month-on-month rate; US EIA crude oil inventories for the week ending July 3; US EIA Cushing, Oklahoma crude oil inventories for the week ending July 3; US EIA Strategic Petroleum Reserve inventories for the week ending July 3. ② Events: EIA releases its monthly Short-Term Energy Outlook report; Reserve Bank of New Zealand Governor Brehman holds a monetary policy press conference. 4. Thursday: ① Data: US 10-year Treasury auction (ending July 8) - winning yield, US 10-year Treasury auction (ending July 8) - bid-to-cover ratio; China's June CPI year-on-year rate; Germany's May seasonally adjusted trade balance; US initial jobless claims for the week ending July 4; US June existing home sales (annualized); US EIA natural gas storage for the week ending July 3. ② Events: Federal Reserve releases minutes of its monetary policy meeting; European Central Bank releases minutes of its June monetary policy meeting; FOMC permanent voting member and New York Fed President Williams speaks. 5. Friday: ① Data: Germany's final June CPI month-on-month rate; France's final June CPI month-on-month rate; Switzerland's June consumer confidence index; Canada's June employment change; China's June M2 money supply year-on-year rate. ② Events: SK Hynix's American Depositary Receipts (ADRs) are tentatively scheduled to list on Nasdaq on July 10; Dallas Fed President Logan, a 2026 FOMC voting member, will speak; the IEA will release its monthly oil market report. ③ Holidays: The New Zealand Stock Exchange will be closed. 6. Saturday: ① Data: Total number of US oil rigs for the week ending July 10.

An FT nationwide poll shows 58% of US voters say the Trump administration's Military confrontation with Iran is not worth the economic and strategic cost. With inflation high and war spending mounting, Republicans' midterm prospects have dimmed. The White House has asked Congress for an additional $670 billion in federal appropriations to cover accumulated war costs. Only 31% of respondents said recent skirmishes strengthened US negotiating position, while 44% said they weakened US leverage. Voters also cited the conflict as a material factor pushing up consumer goods and gasoline prices year-to-date.