United Kingdom M4 Money Supply (YoY) increased to 5% in June from previous 4.3%

Australian Dollar: Softer inflation tempers rate hike odds – MUFG

MUFG’s Lee Hardman notes that the Australian Dollar, a beneficiary of AI-related demand, has weakened after another softer-than-expected Australian Consumer Price Index (CPI) release.
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Equities: Record allocation sustains Dollar exposure – BNY

Geoff Yu at BNY reports that global equity allocations have reached a record share of portfolios, with United States (US) markets dominating both equity and fixed-income holdings.
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