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Sunset Market Commentary - Action Forex

Summary by Action Forex
The European opening session of the week developed quiet and orderly. Trading settings which are unlikely to be repeated later this week given the avalanche of eco data and events approaching. The ECB published its first strategic review since 2021 (see news & views) as an appetizer in the build-up to the annual gathering in the Portuguese town of Sintra. It didn’t contain any groundbreaking views though.

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The president of the European Central Bank (ECB), Christine Lagarde, focused her speech at the Sintra 2025 Forum on the consequences for price stability of increasing uncertainty on a global scale, which will lead to more volatile inflation. During her speech, she pointed out that this context can lead the issuing institute to act more strongly to ensure that price growth is close to the 2% target. "The world ahead is more uncertain and that unc…

·Madrid, Spain
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Lean Right

Monetary authority says to be careful not only about the risks of too high inflation, as happened in recent years, but also about the risks of too low inflation, Lagarde in Sintra says.

·Portugal
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Lean Right

The president of the Sintra Forum warns about the volatility of the current scenario, but reiterates the Council's commitment to maintaining price stability

·Milan, Italy
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The president of the European Central Bank (ECB), Christine Lagarde, claimed on Monday in Sintra the role of the institution in maintaining economic stability and the 2% inflation target as a "flexible reference" to achieve those objectives. For Lagarde, the economic environment has changed dramatically over the last 20 years and has made it necessary to change the mechanisms and tools of the ECB: "Currently, decisions need to be made faster and…

At this stage we are talking about the ECB's Forum starting this afternoon in Sintra. We are going through the June inflation, the Portuguese employment and the withdrawal of education in the country. We are ending with the deadlines to be fulfilled in IRS, IRC and IMI.

At this stage we are talking about the ECB's Forum starting this afternoon in Sintra. We are going through the June inflation, the Portuguese employment and the withdrawal of education in the country. We are ending with the deadlines to be fulfilled in IRS, IRC and IMI.

·Portugal
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Bias Distribution

  • 67% of the sources lean Right
67% Right
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Il Sole 24 Ore broke the news in Milan, Italy on Monday, June 30, 2025.
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