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ForexLive European FX news wrap: Sterling gains on UK GDP beat, markets quiet

ForexLive European FX news wrap: Sterling gains on UK GDP beat, markets quiet
Headlines:The light optimism begins to fade in equities once againUK Q2 preliminary GDP +0.2% vs 0.0% q/q expectedUK June monthly GDP +0.5% vs +0.2% m/m expectedSpain July final CPI +2.3% vs +2.3% y/y prelimFrance July final CPI +4.3% vs +4.3% y/y prelimChia July M2 money supply +10.7% vs +11.0% y/y expectedIEA lowers forecast for oil demand growth for next yearMarkets:GBP leads, NZD lags on the dayEuropean equities lower; S&P 500 futures flatUS 10-year yields up 2.2 bps to 4.103%Gold up 0.3% to... Read More
Posted: Aug 11 2023, 11:52
Author Name: forexlive
Views: 110158

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