Spain Markit Services PMI below forecasts (55.8) in June: Actual (54.8)

FXStreet.com (Barcelona)

Jul 3, 2014

German government presents balanced budget for 2015 - ING

Carsten Brzeski from ING comments on Germany's presentation of the first planned balanced budget since the end of the 1960s yesterday.

Valuation of the US equity market an increasing focus of debate - Goldman Sachs

The Goldman Sachs team of analysts point out that many common measures of ‘macro valuation’ are currently above their historical averages but that valuation measures that compare equities to government bonds still look favourable.