United States EIA Crude Oil Stocks change came in at 0.38M, above forecasts (-0.7M) in July 3

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UK Budget: an economy strong enough to cope with austerity – ING

James Knightley, Senior Economist at ING, reviews the UK budget release, and further shares its implications on growth.
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GBP/USD focus shifts lower to 1.5273 – Scotiabank

Eric Theoret, CFA, CMT, Currency Strategist at Scotiabank, maintains a bearish outlook on GBP/USD, expecting the pair to head lower towards the 100 DMA at 1.5273.
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