GBP/USD surrenders intraday gains, holds above 1.1800 as traders await US macro data
GBP/USD failed to preserve its modest intraday gains despite subdued USD price action. The overnight
China’s NBS: Downward pressure on economy increased substantially in Q2
Following the release of the June activity numbers, China’s National Bureau of Statistics (NBS) released a statement,
EU Commission slashes Euro area GDP forecast to 2.6%, sees inflation at 7.6% in 2022
In its quarterly publication released on Thursday, the European Commission cut its forecasts for the
Eurozone Industrial Production rises 0.8% MoM in May, beats estimates
Eurozone’s Industrial Production increased more than expected in May, the official data published by Eurostat
UK Manufacturing Production rises 1.4% MoM in May vs. 0.1% expected
The UK’s industrial sector recovery gathered steam in May, the latest UK industrial and manufacturing production
China’s June Trade Balance: Surplus keeps expanding, as exports soar
China's Trade Balance for June, in Yuan terms, came in at CNY650.11 billion versus CNY455.04
UK’s Zahawi: No time to be complacent on growth
British finance minister Nadhim Zahawi applauded the stronger-than-expected UK GDP data for May. The economy
China Customs: Foreign trade faces instabilities, uncertain factors
Ahead of the release of China’s trade balance data, the General Administration of Customs China
German ZEW Economic Sentiment Index slumps to -53.8 in July
German ZEW Economic Sentiment arrived at -53.8 in July vs. –28.0 previous. The ZEW Current
Eurozone inflation expectations drop below 2% for first time since March
Reuters reported on Monday that the key market gauge of long-term Eurozone inflation expectations fell