Not many economic data and events scheduled for today, but some with high volatility risks associated. Data and events so far: China: House price index growth slowed to 10.3 percent in June from 10.7 percent in May. This…
Not many economic data and events scheduled for today, but some with high volatility risks associated.
Data and events so far:
China: House price index growth slowed to 10.3 percent in June from 10.7 percent in May. This is the weakest growth since February. Q2 GDP growth at 6.2 percent y/y, the weakest growth in more than two decades. However, Industrial production growth increased to 6.3 percent y/y in June from 5 percent in May. Retail sales grew 9.8 percent y/y in June, up from 8.6 percent in May.
Upcoming:
Switzerland: June PPI inflation report will be released at 6:30 GMT.
United States: New York Empire State manufacturing report will be released at 12:30 GMT.
New Zealand: CPI inflation report due at 22:45 GMT.
Auction: The U.S. will auction 3-month and 6-month bills at 15:30 GMT.
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
