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Weekly market recap (14-18 august)

Monday:New Zealand Services PMI for july plunges into contraction to the lowest level since January 202...

August 18, 2023, 12:33 pm

Canada july ppi -2.7% y/y vs -5.5% prior

Prior was -5.5%Producer prices m/m +0.4% vs -0.6% priorRaw materials price index -11.1% y/y vs -19.7% priorRaw materials price index+3.5% m/m vs -1.5%...

August 18, 2023, 12:31 pm

Light economic calendar greets north american traders but plenty to mull

All eyes are on China at the moment as efforts to revive the economy appear to be floundering and the market is losing faith. That's led to risk avers...

August 18, 2023, 12:22 pm

2 stocks sinking amid sector headwinds

Wall Street continues to throw away all of the good will it built up in July....

August 18, 2023, 11:22 am

Compared to estimates, deere (de) q3 earnings: a look at key metrics

While the top- and bottom-line numbers for Deere (DE) give a sense of how the business performed in the quarter ended...

August 18, 2023, 11:05 am

Eur/gbp, gbp/usd update: gbp slides as uk retail sales disappoints

UK retail sales disappoint following a wet july dragging the British Pound lower in early European trad...

August 18, 2023, 10:44 am

Eur/gbp, gbp/usd update: gbp slides as uk retail sales disappoints

UK retail sales disappoints following a wet july dragging the British Pound lower in early European tra...

August 18, 2023, 10:30 am

Hays results bring focus on outlook and potential pivot to growth areas

Hays PLC (LSE:HAS) reports full-year results on Thursday 24 August, fresh from providing an update that revealed a weakening of recruitment activity ...

August 18, 2023, 9:52 am

5 stocks to buy as industrial production makes solid rebound

Industrial production rebounded in July, which is likely to help stocks like Applied Industrial Technologies, Inc. (AIT), Hubbell Incorporated (HUBB),...

August 18, 2023, 9:34 am

Eurozone cpi finalized at 5.3% in jul, core cpi at 5.5%

Eurozone CPI was finalized at 5.3% yoy in July, down from June’s 5.5% yoy. Core CPI (ex energy, food, alcohol & tobacco) was finalized at 5.5%, unch...

August 18, 2023, 9:17 am

Sec gets go-ahead to lodge partial appeal in ripple case

This decision essentially hobbled the SEC’s blanket control over cryptocurrency markets, which many believe need the same regulations as others, suc...

August 18, 2023, 9:09 am

Usdcad extends steep advance to 2-month peak

USDCAD had been trending higher in the short term after finding its feet at the 10-month low of 1.3091 in mid-July. Moreover, the pair has sliced thro...

August 18, 2023, 8:25 am

Gbp/usd: cable eases on downbeat uk data, but needs to clear key supports to signal reversal

GBP/USD dips on Friday morning following much bigger than expected drop in UK retail sales, which fell by 3.2% in...

August 18, 2023, 8:23 am

Uk retail sales fall more than expected

UK retail sales registered a bigger-than-expected fall in july as poor weather reduced footfall as the ...

August 18, 2023, 8:03 am

Usd/jpy extends its loss above 145.00 amid usd weakness

USD/JPY loses momentum below mid-145.00s, retracing from a Year-To-Date (YTD) high of 146.56. The Japanese National Consumer Price Index (CPI) for...

August 18, 2023, 7:29 am

Intraday analysis – spx500 breaks lower

AUDUSD tests resistance The Australian dollar weakened after an uptick in July’s unemployment rate. The pair is still struggling to stabilise after ...

August 18, 2023, 7:19 am

Eur/gbp snaps five-day losing streak above 0.8500 on softer uk retail sales, mid-tier eurozone data eyed

GBP/USD struggles to gain any meaningful traction and remains in a narrow range below 1.2750 after the UK Retail Sales disappointed with -1.2% MoM in ...

August 18, 2023, 6:44 am

Final july euro area inflation

Market movers today We head towards weekend with an almost empty data calendar. We get Q2 GDP data from Norway in the morning. Also, euro area final H...

August 18, 2023, 6:41 am

Uk retail sales volumes down -1.2% in jul, sales value down -1.0% mom

UK retail sales volumes dropped -1.2% mom in July, much worse than expectation of -0.4% mom. Ex-automotive fuel sales volume dropped -1.4% mom. In val...

August 18, 2023, 6:28 am

U.k. july retail sales fall a bigger-than-expected 1.2%, weighed by wet weather

U.K. july retail sales fall a bigger-than-expected 1.2%, weighed by wet weather Read Full Story The pos...

August 18, 2023, 6:10 am


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