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Switzerland SVME - Purchasing Managers' Index came in at 53.2, below expectations (54.5) in July
Switzerland SVME - Purchasing Managers' Index came in at 53.2, below expectations (54.5) in July
AUD/USD Price Forecast: Faces rejection near 100-day SMA at 0.7050; bullish bias intact
The AUD/USD pair faces rejection near the 100-day Simple Moving Average (SMA) and retreats slightly after hitting a fresh high since June 17, around the 0.7050 level earlier this Monday.
Spain HCOB Manufacturing PMI came in at 50.2 below forecasts (50.7) in July
Spain HCOB Manufacturing PMI came in at 50.2 below forecasts (50.7) in July
Equities: Sector rotations shape summer performance – Danske Bank
Danske Research Team notes that equity indices have been broadly unchanged over the summer, but sector rotations have been significant. Higher Oil prices supported energy stocks, while within technology, software has outperformed and semiconductors have lagged.
Turkey Producer Price Index (YoY) fell from previous 28.09% to 27.83% in July
Turkey Producer Price Index (YoY) fell from previous 28.09% to 27.83% in July
Turkey Producer Price Index (MoM) fell from previous 1.8% to 1.52% in July
Turkey Producer Price Index (MoM) fell from previous 1.8% to 1.52% in July
Turkey Consumer Price Index (MoM) came in at 1.78%, below expectations (1.83%) in July
Turkey Consumer Price Index (MoM) came in at 1.78%, below expectations (1.83%) in July
Turkey Consumer Price Index (YoY) below forecasts (31.8%) in July: Actual (31.75%)
Turkey Consumer Price Index (YoY) below forecasts (31.8%) in July: Actual (31.75%)
Austria Unemployment Rate remains unchanged at 6.9% in July
Austria Unemployment Rate remains unchanged at 6.9% in July
Austria Unemployment up to 298.9K in July from previous 295.5K
Austria Unemployment up to 298.9K in July from previous 295.5K
Forex Today: Mood improves as US and Iran renew push for diplomatic solution
Here is what you need to know on Monday, August 3:
Japanese Yen: Joint intervention signals potential turning point – MUFG
MUFG’s Michael Wan highlights that the Japanese Yen (JPY) has strengthened sharply, with USD/JPY dropping from around 164 after suspected intervention by Japan’s Ministry of Finance (MoF) and confirmed joint action with the US Treasury.
Sweden Manufacturing PMI fell from previous 58.3 to 55.8 in July
Sweden Manufacturing PMI fell from previous 58.3 to 55.8 in July