GBP/USD pares intraday losses, down a little above mid-1.1900s ahead of US PMIs
GBP/USD witnessed some selling on Friday amid the emergence of fresh USD buying. Recession fears
Australia: Leading Index growth rate slows in June – Westpac
Bill Evans, Analyst at Westpac offers his afterthoughts on the Australian Westpac-Melbourne Institute Leading Index.
Week Ahead: US macro market movers – TDS
Economists at TD Securities (TDS) take note of the significant US economic data due for
UK ILO Unemployment Rate steadies at 3.8% in May, meets estimates
The Unemployment Rate in the UK steadied at 3.8% in May. UK Claimant Count Change
Eurozone final inflation confirmed at 0.8% MoM in June
Eurozone inflation arrives at 8.6% YoY in June, meets estimates. Monthly HICP in the bloc
US: Staying power of consumer goods spending is waning – Wells Fargo
Data released on Friday showed Retail Sales rose 1% in June, above the 0.8% of
USD/JPY hangs near daily low, just above mid-138.00s ahead of US Retail Sales
USD/JPY witnessed some selling on Friday and moved away from a 24-year high touched on
USD/CHF corrects further from multi-week high, flirts with 0.9800 mark ahead of US data
USD/CHF moved further away from a multi-week high amid subdued USD price action. Less hawkish
US: Weekly Initial Jobless Claims rise to 244K vs. 235K expected
Initial Jobless Claims rose by 9,000 in the week ending July 9. The greenback continues
China’s GDP contracts 2.6% YoY in Q2 2022 vs. -1.5% expected, AUD/USD unfazed
China's annualized GDP figures for the second quarter of 2022 arrived at 0.4% vs. 1.0% expected and 4.8%