Early Morning Reid

The report provides a daily macro overview as of July 6, 2026, highlighting the previous week's risk-on market sentiment and the ongoing focus on central bank policy amid dovish repricing.

Key Takeaways

• 1.Markets experienced a risk-on move last week with the S&P 500 posting its best weekly performance since early May.
• 2.Dovish repricing occurred as Fed and ECB rate hike expectations for 2026 were tempered by weaker economic data.

Table of Contents

• Key Market Data
• Day-by-day calendar of events
• Other Market Data
• Key Economic Data
• Topical Deutsche Bank publications
• Appendix 1

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