Italy HCOB Services PMI below expectations (50.5) in June: Actual (50.2)

Federal Reserve: Minutes watched as Fed holds – Wells Fargo

Wells Fargo Economics, led by Tom Porcelli and colleagues, expects the June FOMC minutes to clarify what might push a divided Committee toward further tightening, but still sees the Federal Reserve keeping the funds rate unchanged.
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Euro advances against Canadian Dollar ahead of HCOB PMI data

EUR/CAD gains ground for the second successive day, trading around 1.6230 during the European hours on Friday. The currency cross appreciates as the Euro (EUR) rises ahead of the release of HCOB Purchasing Managers’ Index (PMI) data from Germany and the Eurozone later in the day.
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