Market Overview - Page 64

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.

According to a data set released on Friday, the UK economy performed better than expected across a wide range of indicators in June. GDP rose by 0.2% in the second quarter and 0.4% in the same quarter a year earlier..

US CPI rose 3.2% y/y, slightly weaker than the 3.3% y/y expected. Core inflation slowed to 4.7% y/y, although analysts, on average, were looking for it to maintain its 4.8% y/y pace. This is negative news for the USD and.

Oil is storming to new multi-month highs, rising for the seventh week. Prices have grown high enough to be of interest to US oil producers and, locally, a threat to markets.  Data released by the Department of Energy on Wednesday.

The US Nasdaq-100 lost 1.75% at one point on Tuesday but managed to trim its losses to 0.9% thanks to buying at the end of the session. The index bounced off its 50-day moving average, which is an essential medium-term.

China’s CPI was 0.3% lower year-on-year in July, which the media has rushed to call deflation, while by definition, it is a sustained price fall. It is more accurate to discuss disinflationary pressures caused by one-off factors, including last year’s.

Oil is down around 2.5% since the start of the day on Tuesday to $80.1 per barrel WTI, as a loss of traction in risk assets coincided with a fresh wave of concerns over China’s growth rate.  Foreign trade data.

Employment growth is somewhat weaker than expected, but wage growth and the falling unemployment rate could be a reason for another Fed rate hike. The US labour market created 187k new jobs after 185k previously (revised from 209k). Formally, the.