UK Retail Sales rebound 0.3% MoM in July vs. -0.2% expected
The UK Retail Sales came in at 0.3% MoM in July, a positive surprise. Core
US: Weekly Initial Jobless Claims decline to 250K vs. 265K expected
Initial Jobless Claims fell by 2,000 in the week ending August 13. US Dollar Index
USD/JPY temporarily capped by 50 DMA but bullish potential intact
USD/JPY seesaws between tepid gains/minor losses through the early North American session. The Fed-BoJ policy
USD/CAD remains on the defensive below 1.2900 post-US data, downside seems cushioned
USD/CAD witnessed an intraday turnaround from over a one-week high touched on Thursday. Rebounding oil
US: Existing Home Sales decline by 5.9% to 4.81 million in July
Existing Home Sales in US fell for the sixth straight month in July. US Dollar
US: NY Fed Empire State Manufacturing Index slumps to -31.3 vs. 8.5 expected
NY Fed Empire State Manufacturing Index fell sharply in August. US Dollar Index erased a
US: NY Fed Empire State Manufacturing Index slumps to -31.3 vs. 8.5 expected
NY Fed Empire State Manufacturing Index fell sharply in August. US Dollar Index erased a
UK ILO Unemployment Rate holds steady at 3.8% in June, matches estimates
The Unemployment Rate in the UK steadied at 3.8% in May. UK Claimant Count Change
China shuts factories in heat wave as climate, economic pains mount – WaPo
The Washington Post (WaPo) carried a story on Tuesday, citing that Chinese authorities ordered factories
China’s July Retail Sales and Industrial Output disappoint
China’s July Retail Sales YoY, unexpectedly fall to 2.7% vs. 5.0% expected and 3.1% previous while Industrial