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United Kingdom S&P Global Construction PMI came in at 48.8, above forecasts (48.5) in June

Italy Retail Sales n.s.a (YoY): 1.3% (May) vs previous 3.7%

Italy Retail Sales n.s.a (YoY): 1.3% (May) vs previous 3.7%
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AUD/USD drifts to 0.6550 as concerns about US tariffs resurface

The Australian Dollar is trading lower for the second day in a row, retreating from year-to-date highs, at 0.6590, with risk-sensitive assets weighed by growing tariff uncertainty as the July 9 deadline comes closer.US President Donald Trump affirmed on Thursday that he will start sending letters to
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