Daily Wrap Up – 10 July

The economic calendar today was free of any major events or economic data, and the markets did not see any noticeable movements during today's trading. In today's economic data, China's inflation figures did not change in June as the CPI rose 1.5% and the PPI rose by 5.5% the same reading of May.

In Europe, the German trade balance surplus widened by 20.3 billion euros in May, with exports up 1.4%, while imports rose 1.2%.

Oil prices rose significantly during today's trading, after hitting their lowest since June 28 at 43.63$ a barrel, reaching  44.81$ a barrel.