Chinese GDP, UK Jobs Report and Canadian Inflation has USD on the Backfoot

Inflation rocked global markets throughout the European trading session with central bank rate cycles being repriced accordingly. Focus now shifts to US earnings later today.

Chinese GDP Data Underwhelms with Markets Waiting on US Earnings and UK Inflation Data Later this Week. Will the Risk-On Sentiment Return and Continue this Week?

The dollar's extended slide props up GBP/USD ahead of next week's crucial UK inflation print. Chinese Q2 GDP has the potential to set the tone for the week should the data point to further deterioration.

Dark Clouds Forming over Europe, DAX & Euro Under PressureDark Clouds Forming over Europe, DAX & Euro Under Pressure