Market Overview - Page 64

New York traded Natural gas is up 3% on Monday, having managed to break away from support again. Gas has formed an uptrend from the April lows but has not yet switched to an acceleration phase. Gas prices formed a.

The sharp fall in German producer prices is both a signal of easing inflationary pressures and a warning of a sharp slowdown in demand. The German producer price index fell by 1.1% in July, dwarfing the expected correction of 0.1%..

Canadian producer prices rose more than expected in July, reviving concerns that the active phase of the fight against inflation may not be over. The Producer Price Index rose 0.4% in July, more than the 0.2% expected. The year-on-year decline.

Gold has gained 0.3% since the start of the day on Friday, marking only its third session of gains since the beginning of August. Despite signs of local oversold conditions suggesting a bounce, the ultimate downside target looks to be.

WTI crude oil is down almost 7%, having fallen for the last seven days. The sell-off intensified as the price touched levels above $84. As has happened several times this year, this reversal could be a precursor to a fall.

The Reserve Bank of New Zealand left its key rate unchanged for the second time at 5.5%. Most analysts predicted this decision, but it created positive momentum in the NZDUSD, which at one point added about 1% to the day’s.

Inflationary pressures in the UK are easing, although they remain the highest among the G7 countries, as sellers are in no hurry to cut prices. UK CPI fell 0.4% in July (-0.5% expected), the first decline since January. The year-over-year.

Another set of statistics from China has added to the wave of disappointment over the momentum of the world’s second-largest economy, prompting a dichotomic response from regulators. Retail sales in July were only 2.5% y/y, down from 3.1% y/y in.

The DXY has gained more than 3.8% over the past month, fully retracing its losses from five trading sessions in early July after the NFP. This retracement carries extra weight; a sharp upward or downward from current levels would be.

Wholesale prices in Germany dropped by 0.2% in July and decreased by 2.8% compared to last year. These figures were lower than economists’ average forecasts, with 0.1% and 2.6% declines, respectively. This indicates a weaker inflationary pressure than expected. The.

The Nasdaq 100 and S&P 500 indices, most closely followed by retail investors and traders, have faced some downward pressure since early August, but the latter still has a chance of maintaining an uptrend. The Nasdaq ended last week with.

US producer prices, both including and excluding food and energy, rose 0.3% m/m in July. This is the first positive surprise for the indicator in six months – before this, prices had regularly missed average forecasts, supporting expectations of a.