Financial markets: eyes on tariffs and the July 9 deadline
With Wall Street closed for the July 4th holiday and positive news coming from the U.S. labor market, investors are focusing on the Fed’s next moves and preparing for next week’s tariff deadline.
Intermarket dashboards still show a risk-on environment, with the T-30/S&P500 ratio hitting year-to-date lows—an optimistic signal regarding both inflation and U.S. economic growth. Bonds are pulling back from recent highs, but the overall bullish trend remains intact.
On the macroeconomic front, the day offers few highlights. Noteworthy data include German industrial orders, the Eurozone PPI index, and the Eurozone construction PMI.
Our analysis confirms a positive outlook for equities, while the bond market shows favorable signals for U.S. Treasuries and Euro-denominated fixed income. The outlook for commodities remains uncertain. Volatility is decreasing.
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NOTES AND WARNINGS
Data compiled by kbmeter.com. Analysis date: 4 July 2025 - 7:19 AM GMT+1
This content is provided for informational purposes only and should not be considered financial advice. All scores and assessments are based on the previous trading day’s closing prices. Futures indications refer to the date and time of the analysis.
