EUR

Retail Sales declined in Germany on June according to Destatis. The indicator has reached -1,6% as compared to 3,8% growth on May. Economists expected the indicator to decline towards 0,6% growth.

USD

The FOMC decreased rates for 0,25% during their meeting. The head of the FOMC has mentioned that this step is not the beginning of the new easing cycle, but some correction in the middle of the interest rates growth cycle. His economic forecasts are still positive.